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Un effet externe positif à l'embauche. L'amélioration de la connaissance de la qualité des travailleurs

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  • Paul Makdissi
  • Cyril Téjédo

Abstract

In this paper, we develop a model in which hiring of unexperienced workers has a public good characteristic in revealing information on workers quality. We analyze the macroeconomic consequences of a microeconomics phenomenon : The job matching. In this framework, we show that a decentralized hiring process of unexperienced workers is suboptimal in regards to firms joint profits. A public hiring policy increases joint profits and, under some conditions, also increases employment. Such a public policy may be seen as a reduction of social charges on low wages. Classification JEL : H41, J23, J68

Suggested Citation

  • Paul Makdissi & Cyril Téjédo, 2004. "Un effet externe positif à l'embauche. L'amélioration de la connaissance de la qualité des travailleurs," Revue économique, Presses de Sciences-Po, vol. 55(1), pages 93-102.
    • Handle: RePEc:cai:recosp:reco_551_0093
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    References listed on IDEAS

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    1. Drew Fudenberg & Jean Tirole, 1991. "Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262061414, December.
    2. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-990, October.
    3. Benchekroun, Hassan & van Long, Ngo, 1998. "Efficiency inducing taxation for polluting oligopolists," Journal of Public Economics, Elsevier, vol. 70(2), pages 325-342, November.
    4. Miller, Robert A, 1984. "Job Matching and Occupational Choice," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1086-1120, December.
    5. McCall, Brian P., 1991. "A dynamic model of occupational choice," Journal of Economic Dynamics and Control, Elsevier, vol. 15(2), pages 387-408, April.
    6. De Borger, Bruno, 1995. "The behavior of public enterprises offering a quasi-public good," European Journal of Political Economy, Elsevier, vol. 11(2), pages 265-290, June.
    7. Hashimoto, Masanori, 1981. "Firm-Specific Human Capital as a Shared Investment," American Economic Review, American Economic Association, vol. 71(3), pages 475-482, June.
    8. Shapiro, Carl & Stiglitz, Joseph E, 1984. "Equilibrium Unemployment as a Worker Discipline Device," American Economic Review, American Economic Association, vol. 74(3), pages 433-444, June.
    9. Nelson, Phillip, 1970. "Information and Consumer Behavior," Journal of Political Economy, University of Chicago Press, vol. 78(2), pages 311-329, March-Apr.
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    Cited by:

    1. Paul Makdissi & Quentin Wodon, 2008. "Can Risk Averse Competitive Input Providers Serve Farmers Efficiently in Developing Countries," Working Papers 0808E, University of Ottawa, Department of Economics.
    2. Paul MAKDISSI & Quentin WODON, 2004. "Can Risk Averse Private Entrepreneurs Efficiently Produce Low Income Housing?," Cahiers de recherche 04-06, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

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    More about this item

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy

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