Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5055334 | Economic Modelling | 2009 | 7 Pages |
Abstract
According to some authors, technical change contributes to the explanation of the increase in equilibrium unemployment by making jobs more and more specialized. Here, we assume that firms optimally adapt the specialization of jobs to overall labour market conditions. Using a matching labour market framework, we show that the increase in unemployment can explain the higher specialization of jobs.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Frédéric Gavrel, Isabelle Lebon,