Born to be Unemployed: Unemployment and Wages over the Business Cycle

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Born to be Unemployed: Unemployment and Wages over the Business Cycle

Author Info

Rubinstein, Y.
Tsiddon, D.

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Abstract

This work decomposes the human capital bundle into two characteristics: "knowledge", associated with one's own education ane experience, and "general skills", associated with parent's education. Using this decomposition we provide a new set of observations on the cyclicability ofboth wages and employment.

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Publisher Info
Paper provided by Tel Aviv in its series Papers with number 39-99.

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Length: 59 pages
Date of creation: 1999
Date of revision:
Handle: RePEc:fth:teavfo:39-99

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Postal: Israel TEL-AVIV UNIVERSITY, THE FOERDER INSTITUTE FOR ECONOMIC RESEARCH, RAMAT AVIV 69 978 TEL AVIV ISRAEL.
Phone: 972-3-640-9255
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Web page: http://econ.tau.ac.il/research/foerder.asp
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Find related papers by JEL classification:
J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search

Cited by:
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Gadi Barlevy & Daniel Tsiddon, 2004. "Earnings inequality and the business cycle," Working Paper Series WP-04-08, Federal Reserve Bank of Chicago. [Downloadable!]
Other versions:
- Barlevy, Gadi & Tsiddon, Daniel, 2004. "Earnings Inequality and the Business Cycle," CEPR Discussion Papers 4451, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
- Gadi Barlevy & Daniel Tsiddon, 2004. "Earnings Inequality and the Business Cycle," NBER Working Papers 10469, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
- Barlevy, Gadi & Tsiddon, Daniel, 2006. "Earnings inequality and the business cycle," European Economic Review, Elsevier, vol. 50(1), pages 55-89, January. [Downloadable!] (restricted)
Bas Jacobs, 2007. "Real Options and Human Capital Investment," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
Other versions:
- Jacobs, Bas, 2007. "Real options and human capital investment," Labour Economics, Elsevier, vol. 14(6), pages 913-925, December. [Downloadable!] (restricted)

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This page was last updated on 2009-11-20.

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