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What is the connection between wage inequality and underemployment? This article explores the question in two ways …
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Using urban household surveys, we constructed a panel dataset to study the effects of the Argentine macroeconomic crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in the public sector and government spending served to...
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In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment … wealth decreases, a finding which is in accordance with our empirical duration analysis using micro data on unemployment … spells and run down during unemployment spells but the consumption path is never going to be completely smooth over states …
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