Autori: Marimon, Ramon, Zilibotti, Fabrizio
Titolo: Unemployment vs. mismatich of talents: Reconsidering unemployment benefits.
Periodico: European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 1998 - Fascicolo: 32 - Pagina iniziale: 1 - Pagina finale: 35

We develop an equilibrium search-matching model with risk-neutral agents and two-sided ex-ante heterogeneity. Unemployment insurance has the standard effect of reducing employment, but also helps workers to get a suitable job. We show, through calibrations, how the mere difference on unemployment coverage, when countries experience a common skilled-biased technological shock, may result in differences in unemployment, productivity growth and wage inequality. These results are consistent with the contrasting performance of the labour market in Europe and the United States in the last twenty five years. The model is used to address some political economy issues.




Testo completo: http://www.iue.it/ECO/WP-Texts/ECO98-32.pdf

Esportazione dati in Refworks (solo per utenti abilitati)