Innovazione tecnologica e offerta di skill: una simulazione del ruolo della storia e delle aspettative in unarea in via di sviluppo
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 developong 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 yo parameters changes due to policy/institutional reforms that change the expectations of the economic agents.
|Date of creation:||Feb 2003|
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