Are the unemployed unemployable? /
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 like...
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Format: | Book |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
1994
Washington, D.C. : 1994 |
Series: | IMF Working Papers ;
Working Paper No. 94/64 IMF Working Papers; Working Paper ; No. 1994/064 IMF eLibrary IMF working paper ; WP/94/64 |
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