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Adaptabilité et complexité: les choix éducatifs et technologiques sont-ils efficaces?
[Adaptability vs complexity: on the efficiency of educational and technological choices]

Author

Listed:
  • Decreuse, Bruno
  • Granier, Pierre

Abstract

European labour markets have known three major changes over the past three decades : the complexification of the technological environment, the growth of general education across the workforce, and rising unemployment. Taken together, do these facts reflect the inefficiency of schooling and technological decisions ? Our answer takes place in a matching model of unemployment in which firms choose technological complexity, and workers educate to improve their adaptability. We show economic policy should focus on the labour market and the education system rather than on firms’ technological choices.

Suggested Citation

  • Decreuse, Bruno & Granier, Pierre, 2004. "Adaptabilité et complexité: les choix éducatifs et technologiques sont-ils efficaces? [Adaptability vs complexity: on the efficiency of educational and technological choices]," MPRA Paper 3721, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:3721
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    References listed on IDEAS

    as
    1. Charlot, Olivier & Decreuse, Bruno & Granier, Pierre, 2005. "Adaptability, productivity, and educational incentives in a matching model," European Economic Review, Elsevier, vol. 49(4), pages 1007-1032, May.
    2. Mark Doms & Timothy Dunne & Kenneth R. Troske, 1997. "Workers, Wages, and Technology," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(1), pages 253-290.
    3. Alan B. Krueger, 1993. "How Computers Have Changed the Wage Structure: Evidence from Microdata, 1984–1989," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 33-60.
    4. Derek Laing & Theodore Palivos & Ping Wang, 1995. "Learning, Matching and Growth," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 62(1), pages 115-129.
    5. Stephen Machin & John Van Reenen, 1998. "Technology and Changes in Skill Structure: Evidence from Seven OECD Countries," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 113(4), pages 1215-1244.
    6. Arthur J. Hosios, 1990. "On The Efficiency of Matching and Related Models of Search and Unemployment," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 57(2), pages 279-298.
    7. Moen, Espen R, 1999. "Education, Ranking, and Competition for Jobs," Journal of Labor Economics, University of Chicago Press, vol. 17(4), pages 694-723, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Matching frictions; Heterogeneity; Ex-ante investment;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • I20 - Health, Education, and Welfare - - Education - - - General
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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