Worker heterogeneity, the job-finding rate, and technical change

被引：4

作者：

Basov, Suren ^{[1
]}

King, Ian ^{[2
]}

Uren, Lawrence ^{[2
]}

机构：

[1] La Trobe Univ, Bundoora, Vic 3086, Australia

[2] Univ Melbourne, Melbourne, Vic 3010, Australia

来源：

EUROPEAN ECONOMIC REVIEW | 2014年 / 70卷

关键词：

Directed search; Worker heterogeneity; Unemployment; DIRECTED SEARCH; TFP GROWTH; UNEMPLOYMENT; EQUILIBRIUM; ASSIGNMENT; IMPACT;

D O I：

10.1016/j.euroecorev.2014.04.008

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We examine the implications of changes in the skill distribution on the equilibrium matching process and the job finding rate, using a directed search approach. Worker abilities are selected from a distribution while firms face heterogeneous entry costs and direct their job offers to workers. We identify conditions under which technical progress increases or decreases the job finding rate, allowing for entry and the effects of technical changes on heterogeneity. We find that the effects of skill-neutral technical progress on job finding rates are unambiguously non-negative, but the effects of skill-biased changes depend on the elasticity of vacancy costs. However, both skill-neutral and skill-biased technical changes are Pareto improving, ex ante, if all agents are risk neutral. (C) 2014 Elsevier B.V. All rights reserved.

引用

页码：159 / 177

页数：19

共 34 条

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