Many contributions suggest that earnings instability has increased during the 1980s and1990s. This paper develops and estimates an on-the-job search model of the labor market tostudy the contribution of wage inequality and job mobility in explaining earnings instability. Tostudy the evolution...

The Middle East and North Africa (MENA) region shows high levels of unemployment rates among youth and the rate of youth not in education, employment or training (NEET) is also among the highest in the world. In this context, one of the more obvious reactions of youth facing unmet aspirations in...