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Labor Supply Dynamics, Unemployment and Human Capital Investments

Wasmer, Etienne - 2002

composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …

Persistent link: https://www.econbiz.de/10010262787

Between-group Competition in the Labor Market and the Rising Returns to Skill: US and France 1964-2000

Wasmer, Etienne - 2001

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/10010262498

Equilibrium employment in a model of imperfect labor markets

Garibaldi, Pietro; Wasmer, Etienne - 2003

, it delivers an expression for the employment rate and as side-products, a measure of the unemployment rate and the size … of the labor force. Second, it rationalizes several empirical works on the definition of unemployment in labor force …

Persistent link: https://www.econbiz.de/10010277062