Education And Employment: Do Hiring Costs Matter?
AbstractA belief that a better-trained workforce will enhance employability of workers at the individual level and thus reduce unemployment at the aggregate level is commonly held. Nevertheless, in reality and especially in developing countries, unemployment rates strongly hit the most educated population. Contrarily to the traditional literature which takes hiring cost as exogenous, we assume that hiring cost is endogenous and proportional to the worker’s skill level. By doing so, our model displays a positive relationship linking education and unemployment which agrees with reality.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Spiru Haret University, Faculty of Accounting and Financial Management Constanta in its journal Journal of Academic Research in Economics.
Volume (Year): 4 (2012)
Issue (Month): 3 (December) ()
Contact details of provider:
Web page: http://www2.spiruharet.ro/facultati/facultate.php?id=9
More information through EDIRC
Employment; Educaation; hiring cost.;
Find related papers by JEL classification:
- I25 - Health, Education, and Welfare - - Education - - - Education and Economic Development
- J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Claudiu Chiru).
If references are entirely missing, you can add them using this form.