Unemployment Versus Mismatch Of Talents
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Author | : Ramon Marimon |
Publisher | : |
Total Pages | : 52 |
Release | : 1998 |
Genre | : Equilibrium (Economics). |
ISBN | : |
We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. The predictions of our simple model are consistent with the contrasting performance of the labor market in Europe and US in terms of unemployment, productivity growth and wage inequality. To show this, we construct two fictitious economies with calibrated parameters which only differ by the degree of unemployment insurance and assume that they are hit by a common technological shock which enhances the importance of mismatch. This shock reduces the proportion of jobs which workers regard as acceptable in the economy with unemployment insurance (Europe). As a result, unemployment doubles in this economy. In the laissez-faire economy (US), unemployment remains constant, but wage inequality increases more and productivity grows less due to larger mismatch. The model can be used to address a number of normative issues.
Author | : Ramon Marimon |
Publisher | : |
Total Pages | : 43 |
Release | : 1997 |
Genre | : Equilibrium (Economics) |
ISBN | : |
Author | : Ramon Marimon |
Publisher | : |
Total Pages | : 43 |
Release | : 1997 |
Genre | : |
ISBN | : |
Author | : Raquel Fonseca |
Publisher | : Presses univ. de Louvain |
Total Pages | : 208 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : 9782930344089 |
Since the mid-1970s Spain has suffered from persistently high unemployment, as it has occurred in other parts of Europe. Although during the last few years the unemployment level has declined, there are still enormous disparities in the unemployment rate across groups, skills and regions. This thesis attempts to shed some light on the mechanisms of unemployment persistence and skill and regional mismatch in Spain. Chapter 1 provides a first introductory analysis of Spanish data. The chapter emphasises the importance of skill and regional mismatch, which may have contributed about fifty percent to the observed increase in total unemployment over the last twenty years. The chapter also studies the cyclical pattern in the Spanish unemployment, which is a very important aspect in view of its magnitude. The following three chapters are devoted to the evaluation of different mechanisms that may have been at work. In all three chapters, the analysis relies on the specification, calibration and simulation of dynamic general equilibrium models with matching on the labour market. Chapter 2 focuses on cyclical fluctuations, with particular emphasis on the role of reallocation shocks. Chapter 3 focuses on « skill mismatch »; more precisely the chapter investigates to what extent unemployment rate disparities across skill groups can be explained in terms of a « ladder effect ». Chapter 4 focuses on regional disparities. A model is built to investigate the possible determinants of regional disparities and the role of labour mobility.
Author | : Sarah Damaske |
Publisher | : Princeton University Press |
Total Pages | : 336 |
Release | : 2021-05-25 |
Genre | : Social Science |
ISBN | : 0691219311 |
An indispensable investigation into the American unemployment system and the ways gender and class affect the lives of those looking for work Through the intimate stories of those seeking work, The Tolls of Uncertainty offers a startling look at the nation’s unemployment system—who it helps, who it hurts, and what, if anything, we can do to make it fair. Drawing on interviews with one hundred men and women who have lost jobs across Pennsylvania, Sarah Damaske examines the ways unemployment shapes families, finances, health, and the job hunt. Damaske demonstrates that commonly held views of unemployment are either incomplete or just plain wrong. Shaped by a person’s gender and class, unemployment generates new inequalities that cast uncertainties on the search for work and on life chances beyond the world of work, threatening opportunity in America. Following in depth the lives of four individuals over the course of their unemployment experiences, Damaske offers insights into how the unemployed perceive their relationship to work. She reveals the high levels of blame that women who have lost jobs place on themselves, leading them to put their families’ needs above their own, sacrifice their health, and take on more tasks inside the home. This “guilt gap” illustrates how unemployment all too often exacerbates existing differences between men and women. Class privilege, too, gives some an advantage, while leaving others at the mercy of an underfunded unemployment system. Middle-class men are generally able to create the time and space to search for good work, but many others are bogged down by the challenges of poverty-level unemployment benefits and family pressures and fall further behind. Timely and engaging, The Tolls of Uncertainty posits that a new path must be taken if the nation’s unemployed are to find real relief.
Author | : United States. Congress. Joint Economic Committee |
Publisher | : |
Total Pages | : 244 |
Release | : 1990 |
Genre | : Employees |
ISBN | : |
Author | : Paul Comyn |
Publisher | : |
Total Pages | : 193 |
Release | : 2019 |
Genre | : Developing countries |
ISBN | : 9789221315612 |
Author | : Asia Pacific Economic Cooperation (Organization). Human Resource Development Working Group |
Publisher | : |
Total Pages | : 226 |
Release | : 2012 |
Genre | : |
ISBN | : |
Author | : Solomon W. Polachek |
Publisher | : Emerald Group Publishing |
Total Pages | : 476 |
Release | : 2017-05-15 |
Genre | : Business & Economics |
ISBN | : 1787143783 |
This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.
Author | : Marco Manacorda |
Publisher | : |
Total Pages | : 52 |
Release | : 1996 |
Genre | : Skilled labor |
ISBN | : |