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Innovazione tecnologica e offerta di skills:una simulazione

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Author Info
M. Scarlato (University od Naples "Federico II")
M. Cenci (University of Rome 3)

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Abstract

In this paper a dynamic stochastic model is used to simulate the matching process between skills demand and supply in a segmented labor market of a typical developing area where labor market frictions are pervasive. We address the issue of the emergence of a “bad” outcome i.e. equilibrium towards the low level of development, given adverse initial conditions. In a second step we discuss the sensitivity of the endogenous dynamics to parameters changes due to policy/institutional reforms that change the expectations of the economic agents.

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File URL: http://129.3.20.41/eps/comp/papers/0401/0401003.pdf
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Publisher Info
Paper provided by EconWPA in its series Computational Economics with number 0401003.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length: 37 pages
Date of creation: 29 Jan 2004
Date of revision:
Handle: RePEc:wpa:wuwpco:0401003

Note: Type of Document - pdf; prepared on Win98; to print on hp Laserjet 1300; pages: 37; figures: 10. 37 pages, 10 figures, pdf
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Web page: http://129.3.20.41

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Related research
Keywords: labor market frictions; matching process; simulation;

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Find related papers by JEL classification:
D83 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Search, Learning, and Information
E27 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Forecasting and Simulation
J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search

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  1. Temple, Jonathan R. W., 2001. "Generalizations that aren't? Evidence on education and growth," European Economic Review, Elsevier, vol. 45(4-6), pages 905-918, May. [Downloadable!] (restricted)
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  3. Andrea Bassanini & Stefano Scarpetta, 2001. "Does Human Capital Matter for Growth in OECD Countries?: Evidence from Pooled Mean-Group Estimates," OECD Economics Department Working Papers 282, OECD, Economics Department. [Downloadable!]
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    Other versions:
  5. Kiminori Matsuyama, 1997. "Complementarity," Discussion Papers 1183, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
  6. Garibaldi, Pietro & Wasmer, Etienne, 2001. "Labor Market Flows and Equilibrium Search Unemployment," IZA Discussion Papers 406, Institute for the Study of Labor (IZA). [Downloadable!]
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  8. Timothy F. Harris & Yannis M. Ioannides, 2000. "History versus Expectations: an Empirical Investigation," Discussion Papers Series, Department of Economics, Tufts University 0014, Department of Economics, Tufts University. [Downloadable!]
  9. Bassanini, Andrea & Scarpetta, Stefano, 2002. "Does human capital matter for growth in OECD countries? A pooled mean-group approach," Economics Letters, Elsevier, vol. 74(3), pages 399-405, February. [Downloadable!] (restricted)
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  11. Graham, Bryan S & Temple, Jonathan, 2001. "Rich Nations, Poor Nations: How Much can Multiple Equilibria Explain?," CEPR Discussion Papers 3046, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
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  12. Merz, Monika & Yashiv, Eran, 2003. "Labor and the Market Value of the Firm," IZA Discussion Papers 965, Institute for the Study of Labor (IZA). [Downloadable!]
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  13. Krugman, Paul, 1991. "History versus Expectations," The Quarterly Journal of Economics, MIT Press, vol. 106(2), pages 651-67, May. [Downloadable!] (restricted)
  14. Barbara Petrongolo & Christopher A. Pissarides, 2001. "Looking into the Black Box: A Survey of the Matching Function," Journal of Economic Literature, American Economic Association, vol. 39(2), pages 390-431, June. [Downloadable!] (restricted)
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  15. Cathal O'Donoghue, 2001. "Dynamic Microsimulation: A Methodological Survey," Brazilian Electronic Journal of Economics, Department of Economics, Universidade Federal de Pernambuco, vol. 4(2), December. [Downloadable!]
  16. Shi, Shouyong, 2001. "Frictional Assignment. I. Efficiency," Journal of Economic Theory, Elsevier, vol. 98(2), pages 232-260, June. [Downloadable!] (restricted)
  17. Mortensen, Dale T, 1999. "Equilibrium Unemployment Dynamics," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 40(4), pages 889-914, November.
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  19. Dale T. Mortensen, 1988. "The Persistence and Indeterminacy of Unemployment in Search Equilibrium," Discussion Papers 810, Northwestern University, Center for Mathematical Studies in Economics and Management Science. [Downloadable!]
    Other versions:
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