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Recolector de Ciencia Abierta, RECOLECTA
Article . 2000 . Peer-reviewed
Data sources: Recolector de Ciencia Abierta, RECOLECTA
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Recolector de Ciencia Abierta, RECOLECTA
Article . 2012 . Peer-reviewed
Data sources: Recolector de Ciencia Abierta, RECOLECTA
Claim

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

descriptionPublicationkeyboard_double_arrow_right Article 01 Jan 2000Publisher:Elsevier BV
Authors: Coles, Melvin G.; Masters, Adrian;

handle: 10261/58246

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

Abstract

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). 2000 Elsevier Science B.V. All rights reserved.

Financial support for both authors is gratefully acknowledged from The Leverhulme Trust and for Coles from La Comision Interministerial de Ciencia y Tecnologia.

Peer Reviewed

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    popularity
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    influence
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    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
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selected citations
These citations are derived from selected sources.
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).
BIP!Citations provided by BIP!
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.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
Average
Average
Green