Retraining and long-term unemployment in a model of unlearning by not doing

被引：19

作者：

Coles, M

Masters, A

机构：

[1] Univ Essex, Dept Econ, Colchester CO4 3SQ, Essex, England

[2] CSIC, Inst Anal Econ, Barcelona, Spain

来源：

EUROPEAN ECONOMIC REVIEW | 2000年 / 44卷 / 09期

关键词：

long-term unemployment; skill decay; training;

D O I：

10.1016/S0014-2921(99)00005-7

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper develops a dynamically consistent model of search, matching and bargaining when worker skills decline while unemployed. Long-term unemployment emerges as an endogenous phenomenon Even with constant returns to matching. multiple Pareto rankable equilibria are possible. Policies to address long-term unemployment are best directed toward prevention (e.g. vacancy creation subsidies) rather than cure (e.g. retraining subsidies). (C) 2000 Elsevier Science B.V. All rights reserved. JEL classification: J41, J24.

引用

页码：1801 / 1822

页数：22

共 21 条

[1] Training and innovation in an imperfect labour market [J].