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Persistent link: https://www.econbiz.de/10001675874
This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...
Persistent link: https://www.econbiz.de/10001605242
We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the … interaction between land and labor markets, and decompose the equilibrium unemployment rate into two parts: a pure non-spatial one …
Persistent link: https://www.econbiz.de/10001510628
Persistent link: https://www.econbiz.de/10002159721
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10001510630
Persistent link: https://www.econbiz.de/10013268823