Are the Unemployed Unemployable? /

This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze whether technological advances may have increased unemployment. It is shown that it is like...

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Автор: Saint-Paul, Gilles
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1994.
Серія:IMF Working Papers; Working Paper ; No. 1994/064
Онлайн доступ:Full text available on IMF
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245 1 0 |a Are the Unemployed Unemployable? /  |c Gilles Saint-Paul. 
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300 |a 1 online resource (24 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze whether technological advances may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the productivity and/or the supply of skilled workers relative to unskilled workers. These effects are stronger when hiring decisions are more irreversible. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1994/064 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1994/064/001.1994.issue-064-en.xml  |z IMF e-Library