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Éducation, destruction des emplois et performance du marché du travail dans un modèle d'appariement

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  • Olivier Charlot

Abstract

Little attention has been paid in the theoretical literature to the fact that empirically observed differences in unemployment rates by education groups reflect more underlying differences in incidence rather than in duration of unemployment. This paper closes the gap between the theory and the evidence. We analyse educational investments in a matching environment with endogeneous job creation and job destruction. We obtain the following set of results : (i) unlike standard matching models of human capital investments, unemployment and education are not trivially related ; (ii) firing costs may lead to a low skill trap ; (iii) the market outcome is generally inefficient and employment protection may improve welfare.Classification JEL : E24, I20, J21, J60

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Article provided by Presses de Sciences-Po in its journal Revue économique.

Volume (Year): 57 (2006)
Issue (Month): 1 ()
Pages: 5-33

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Handle: RePEc:cai:recosp:reco_571_05

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  16. Masters, Adrian M, 1998. "Efficiency of Investment in Human and Physical Capital in a Model of Bilateral Search and Bargaining," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(2), pages 477-94, May.
  17. Charlot, Olivier & Decreuse, Bruno & Granier, Pierre, 2005. "Adaptability, productivity, and educational incentives in a matching model," European Economic Review, Elsevier, vol. 49(4), pages 1007-1032, May.
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Cited by:
  1. Olivier Charlot & Franck Malherbet, 2007. "Réforme de la protection de l'emploi et inégalités face au chômage dans un modèle d'appariement," Cahiers de recherche 0713, CIRPEE.

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