Unemployment Responses to Structural Shocks in the Skilles Labor Force.

In order to increase skilled labour, governments manipulate the quantity and the quality of students. This paper investigates both dynamical and steady state responses of such a shock in a model of matching frictions with both skilled and unskilled agents. A less selective educationpolicy leads to a decrease of the skilled labour market tightness, and has ambiguous steady state effects on the unskilled one.

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Year of publication:	1999
Authors:	Decreuse, B.
Institutions:	Groupement de Recherche en Économie Quantitative d'Aix-Marseille (GREQAM), Aix-Marseille School of Economics (AMSE)
Subject:	UNEMPLOYMENT \| EDUCATION \| LABOUR

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Series:	G.R.E.Q.A.M..
Type of publication:	Book / Working Paper
Notes:	28 pages
Classification:	J21 - Labor Force and Employment, Size, and Structure ; J64 - Unemployment: Models, Duration, Incidence, and Job Search
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005479053