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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
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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