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Éducation, destruction des emplois et performance du marché du travail dans un modèle d'appariement

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  • Olivier Charlot

Abstract

Little attention has been paid in the theoretical literature to the fact that empirically observed differences in unemployment rates by education groups reflect more underlying differences in incidence rather than in duration of unemployment. This paper closes the gap between the theory and the evidence. We analyse educational investments in a matching environment with endogeneous job creation and job destruction. We obtain the following set of results : (i) unlike standard matching models of human capital investments, unemployment and education are not trivially related ; (ii) firing costs may lead to a low skill trap ; (iii) the market outcome is generally inefficient and employment protection may improve welfare. Classification JEL : E24, I20, J21, J60

Suggested Citation

  • Olivier Charlot, 2006. "Éducation, destruction des emplois et performance du marché du travail dans un modèle d'appariement," Revue économique, Presses de Sciences-Po, vol. 57(1), pages 5-33.
  • Handle: RePEc:cai:recosp:reco_571_05
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    References listed on IDEAS

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    Cited by:

    1. Olivier Charlot & Franck Malherbet, 2010. "Réforme de la protection de l'emploi et inégalités face au chômage dans un modèle d'appariement," Recherches économiques de Louvain, De Boeck Université, vol. 76(1), pages 57-112.

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    More about this item

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General

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