We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with … has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …

We develop a simple search equilibrium model of workplace training and education based on two features. First …, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with … has both a higher inflow rate into unemployment and a higher efficiency of the matching process. While the combined effort …

, and both variables are negatively correlated with the duration of unemployment spells. With search frictions, general … decision of whether to accumulate skills through training or education …This paper analyses the correlation between employment duration, unemployment duration and general skill accumulation …

, and both variables are negatively correlated with the duration of unemployment spells. With search frictions, general … specific skill accumulation, and the decision of whether to accumulate skills through training or education …This paper analyses the correlation between employment duration, unemployment duration and general skill accumulation …

the empirical literature estimating the matching function, commonly used to map unemployment and vacancies into hires … for unobserved matching efficacy, without imposing the usual independence assumption between matching efficiency and … search on either side of the labor market. Third, we allow for multiple types of jobseekers and consider an "augmented …

In this paper I build a North-South model of international trade, economic growth and search-frictional unemployment in … the effects of intellectual property rights protection and trade liberalization on unemployment and welfare in the North …. Intellectual property rights protection decreases unemployment and increases welfare. Trade liberalization increases welfare but …

Can digital labour market platforms reduce search frictions in either formal or informal labour markets? We study this …

results shown by Acemoglu and Pischke regarding the effect of unemployment on the firms' training decisions become ambiguous …. In fact, two contrasting effects have to be considered: on the one hand, unemployment encourages training provision by … firms through the negative effect on wages; on the other hand, the search for trained workers becomes easier when the …