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Are the Unemployed Unemployable?

Name: Are the Unemployed Unemployable?
Creator: Saint-Paul, Gilles
Keywords: 0502 economics and business, 05 social sciences, 8. Economic growth, jel:J31, B- ECONOMIE ET FINANCE, jel:J21, Dual Labour Markets; Matching; Productivity; Unemployment, jel:E24, jel:J63

descriptionPublicationkeyboard_double_arrow_right Article , Other literature type , Preprint 01 Jan 1994 France English Publisher:International Monetary Fund (IMF)Journal:IMF Working Papers, volume 94, page i (issn: 1018-5941,

Authors: Saint-Paul, Gilles;

doi: 10.5089/9781451848496.001 , 10.1016/0014-2921(95)00036-4

Are the Unemployed Unemployable?

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Abstract

Abstract This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze whether technological advances may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the productivity and/or the supply of skilled workers relative to unskilled workers. These effects are stronger when hiring decisions are more irreversible.

Country

France

Related Organizations

Center for Economic and Policy Research
United States
Toulouse 1 Capitole University
France
International Monetary Fund
United States

Keywords

B- ECONOMIE ET FINANCE, Dual Labour Markets; Matching; Productivity; Unemployment, jel: jel:J31, jel: jel:J21, jel: jel:E24, jel: jel:J63

Impact byBIP!

	citations This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	28
	popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.	Average
	influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).	Top 10%
	impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.	Average