Can skill-biased technological change compress unemployment rate differentials across education groups?
AbstractOur aim is to explain why the pattern of relative unemployment rates by education groups was non monotonic in most of the OECD countries. In a two-sector matching model, a simple unexpected productivity shock biased against unskilled labor can replicate the observed dynamics. Demographic effects of skill-biased shocks can be related to inequality in the distribution of wealth.
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Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 14 (2001)
Issue (Month): 4 ()
Note: Received: 27 April 1999/Accepted: 08 June 2000
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Other versions of this item:
- Decreuse, B., 2000. "Can Skill-Biased Technological Change Compress Unemployment Rate Differentials Across Education Groups?," G.R.E.Q.A.M. 00a16, Universite Aix-Marseille III.
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
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