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Éducation et chômage dans les modèles d'appariement : une revue de littérature

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  • Olivier Charlot

Abstract

This article surveys the literature that uses matching models to analyze the relationship between education and unemployment. The aim is to explain the existence of a positive correlation between education and unemployment observed in some European countries over the past decades. The literature emphasizes two mechanisms?: (1) unemployment may raise the incentives to education, as education reduces the chances of being unemployed; (2) higher educational attainmentmayincrease unemployment,atleast forthelessskilled. The final sectionexaminesthe efficiency of education decisions in an unemployment context. Workers may under-invest in education owing to a hold-up problem, but may over-invest because education increases the probability of leaving unemployment.

Suggested Citation

  • Olivier Charlot, 2005. "Éducation et chômage dans les modèles d'appariement : une revue de littérature," Economie & Prévision, La Documentation Française, vol. 0(3), pages 73-103.
  • Handle: RePEc:cai:ecoldc:ecop_169_0073
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    References listed on IDEAS

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    1. Nickell, Stephen & Layard, Richard, 1999. "Labor market institutions and economic performance," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.),Handbook of Labor Economics, edition 1, volume 3, chapter 46, pages 3029-3084, Elsevier.
    2. Andrew Weiss, 1995. "Human Capital vs. Signalling Explanations of Wages," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 133-154, Fall.
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    Cited by:

    1. Abdoulaye Diagne & Bity Diene, 2011. "Estimating Returns to Higher Education: A Survey of Models, Methods and Empirical Evidence," Journal of African Economies, Centre for the Study of African Economies (CSAE), vol. 20(suppl_3), pages -132, August.

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