Job Insecurity and Wages
研究主观失业预期是否可靠预测失业概率，并探讨其与工资增长的关系。发现失业恐惧能预测未来失业，且与男性工资增长显著负相关，但与女性工资增长无显著关联。
This paper examines whether subjective expectations of unemployment are reliable indicators of the probability of becoming unemployed, and investigates their association with wage growth. We find that workers' fears of unemployment are increased by their previous unemployment experience and by the unemployment experiences of a close friend, and are associated with other objective indicators of insecure jobs. We then show that unemployment fear predicts future unemployment, above and beyond observed objective variables. High fears of unemployment are found to be associated with significantly lower levels of wage growth for men, but to have no significant link with wage growth for women.