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Youth labour markets in Spain: education, training and crowding-out

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  • Dolado, Juan José
  • Jimeno,Juan F.
  • Felgueroso, Florentino

Abstract

The stylised facts describing the evolution of youth labour markets in Spain can be characterised as a "high-skill, bad-job trap" where higher educated workers end up in semi or unskilled entry jobs while crowding out lower educated workers from that type of job. A simple matching model with multiple contracting regimes is used to explain how a less tigher skilled labour market can be lead to crowding-out of lower educated worker and less on-the-jobtraining.

Suggested Citation

  • Dolado, Juan José & Jimeno,Juan F. & Felgueroso, Florentino, 1999. "Youth labour markets in Spain: education, training and crowding-out," UC3M Working papers. Economics 6169, Universidad Carlos III de Madrid. Departamento de Economía.
  • Handle: RePEc:cte:werepe:6169
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    References listed on IDEAS

    as
    1. Mortensen, Dale & Pissarides, Christopher, 2011. "Job Creation and Job Destruction in the Theory of Unemployment," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 1-19.
    2. Dolado, Juan J. & Felgueroso, Florentino & Jimeno, Juan F., 1997. "The effects of minimum bargained wages on earnings: Evidence from Spain," European Economic Review, Elsevier, vol. 41(3-5), pages 713-721, April.
    3. Christopher A. Pissarides, 1994. "Search Unemployment with On-the-job Search," Review of Economic Studies, Oxford University Press, vol. 61(3), pages 457-475.
    4. van Ours, J. C. & Ridder, G., 1995. "Job matching and job competition: Are lower educated workers at the back of job queues?," European Economic Review, Elsevier, vol. 39(9), pages 1717-1731, December.
    5. Acemoglu, D, 1996. "Good Jobs Versus Bad Jobs : Theory and Some Evidence," Working papers 96-33, Massachusetts Institute of Technology (MIT), Department of Economics.
    6. Bruenllo, Giorgio, 1996. "Equilibrium Unemployment with Internal Labour Markets," Economica, London School of Economics and Political Science, vol. 63(249), pages 19-35, February.
    7. Pieter A. Gautier, 1999. "Unemployment and Search Externalities in a Model with Heterogeneous Jobs and Heterogeneous Workers," Tinbergen Institute Discussion Papers 99-075/3, Tinbergen Institute.
    8. Oliver Jean Blanchard & Peter Diamond, 1989. "The Beveridge Curve," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 20(1), pages 1-76.
    9. Dolado, Juan José & Jimeno, Juan F. & Felgueroso, Florentino, 1999. "The causes of youth labour market problems in Spain: out , institutions, or technology shifts?," UC3M Working papers. Economics 6155, Universidad Carlos III de Madrid. Departamento de Economía.
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    Keywords

    Unemployment;

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