|
|
|
|
|
| Birk, Angela. |
| How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate of growth attributable to technical progress is evaluated in a growth-matching-model with heterogeneous jobless workers and with endogenously determined long-term unemployed resulting from skill-depreciation. For innovation economies characterized by high steady-state levels of capital intensities the model shows that, due to a capitalization effect and a qualification-mismatch effect, increasing technological progress has adverse implications for long-term unemployment. Furthermore, for imitation economies with low steady-state capital intensities increasing technological progress can be either favorable or less favorable for long-term... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Long-term unemployment; Mismatch; Growth; Search; Matching; Labor and Human Capital; E24; J41; O41. |
| Ano: 2001 |
URL: http://purl.umn.edu/26181 |
| |
|
|
| Birk, Angela. |
| How can long-term unemployment be reduced by policy measures of the government? In this paper a growth-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long-term unemployed, and with an endogenous skill-depreciation of the long-term unemployed emerging as technical progress accelerates. For innovation countries characterized by rapid technical progress we show that through subsidizing vacancy creation which causes a substitution and an income effect long-term unemployment can be reduced. Since the positive substitution effect implied by subsidizing vacancy creation outweighs the negative income effect induced by taxing the household's income, a positive employment effect results... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Long-term unemployment; Growth; Search; Matching; Subsidies; Labor and Human Capital; E24; J41; O41. |
| Ano: 2001 |
URL: http://purl.umn.edu/26194 |
| |
|
|
|
