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Many developing countries exhibit a puzzling pattern given their scarce human capital: unemployment rates increase with … education. We develop and estimate a model where educated unemployment arises from heterogeneous workers participating in a … explain around two-thirds of educated unemployment in urban Burkina Faso and one-quarter in Senegal. We then simulate three …
Persistent link: https://www.econbiz.de/10013455095
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011446155
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment …
Persistent link: https://www.econbiz.de/10011452214
Ex ante returns, the net value that agents perceive before they take an investment decision, are understood as the main drivers of individual decisions. Hence, their distribution in a population is an important tool for counterfactual analysis and policy evaluation. This paper studies the...
Persistent link: https://www.econbiz.de/10014637254
worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …
Persistent link: https://www.econbiz.de/10012022569
worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …
Persistent link: https://www.econbiz.de/10011872260