کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
972202 | 932528 | 2009 | 7 صفحه PDF | دانلود رایگان |
![عکس صفحه اول مقاله: Technical skill bias as a response of firms to unemployment: A matching model with applicant ranking and endogenous skill requirements Technical skill bias as a response of firms to unemployment: A matching model with applicant ranking and endogenous skill requirements](/preview/png/972202.png)
This paper considers an economy with heterogeneous workers where identical firms optimally decide on the degree of complexity of jobs. Meetings are depicted by an urn-ball process where firms rank their applicants and pick the best one. We show that a general rise in unemployment induces an increase in the employment shares of high-skilled workers which, in turn, makes firms choose more complex jobs, leading then to a decrease in the output of low-skilled workers. The technical skill bias is therefore related to the usual explanations of unemployment. Next, we state that a decentralized equilibrium is efficient in terms of job complexity but inefficient in terms of job creation when firms internalize the usual congestion effect. We then extend the analysis to a dynamic model.
Journal: Labour Economics - Volume 16, Issue 3, June 2009, Pages 304–310