Unemployment Responses to ‘Skill‐biased’ Technology Shocks
The Role of Labour Market Policy
Bibliographic Data
| ID | 9711593 |
|---|---|
| Authors | Dale T Mortensen (Northwestern University), Christopher A Pissarides (0000-0002-0695-058X, London School of Economics and Political Science) |
| Year | 1999 |
| Volume | 109 |
| Issue | 455 |
| Pages | 242-265 |
| Publication date | 1999-04-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Economic Journal (JOURNAL) |
| Journal identifiers | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Publisher | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/1468-0297.00431 |
| OpenAlex | W2124058280 |
| Language | EN |
| Citations received | 28 |
Do skill‐biased shocks that increase the spread of labour productivities, interacting with different policy regimes, explain the rise in unemployment in Europe relative to the United States in the 1980s and 1990s? The hypothesis is an implication of a version of the Mortensen and Pissarides (1994) model of equilibrium unemployment which allows for worker heterogeneity. A calibrated version of the model implies that a similar unemployment increase would have occurred in the United States over this period, given changes in relative productivity by education implied by observed wage changes, had unemployment compensation and employment protection policies been at European levels
Compensation (psychology · Economics · Labour economics · Macroeconomics · Productivity · Unemployment · Wage · Employment and Welfare Studies · Firm Innovation and Growth · Labor market dynamics and wage inequality
Search-Theoretic Models of the Labor Market
The Effects of Technical Change on Labor Market Inequalities
The Development of Workfare within Social Activation Policies
Resisting Marginalization
Unemployment benefits, job protection, and the nature of educational investment
Equilibrium unemployment and retirement
Dismissal protection and worker flows in OECD countries
Skill-biased technical change, educational choice, and labor market polarization
Skill-specific unemployment risks
Contribution Delalande et transitions sur le marché du travail
Structural Unemployment and Technological Change in Canada, 1990-1999
Wage and price control policies in transition economies
Examining the effects of digital technology expansion on Unemployment
Ethnic unemployment rates and frictional markets
Unemployment, Labor Market Transitions, and Residual Wage Dispersion
Squandering European Labour
Biased Technological Shocks, Relative Wage Rigidities and Low‐skilled Unemployment
Éducation, destruction des emplois et performance du marché du travail dans un modèle d'appariement
On the Segmentation of Markets
The Cyclicality of the Opportunity Cost of Employment
A Model of Job and Worker Flows
Labour Market Institutions and Technological Employment
Why Do Firms Offer ‘Employment Protection’
Returns to Labour Mobility
Preferences for Collective Versus Individualised Wage Setting
Reassessing Labour Market Reforms
Human Capital and Unemployment Dynamics
Age‐Dependent Employment Protection
| Citations per year | 1.04 |
|---|---|
| Citation span | 1999 - 2024 (26) |
| Highly cited | No |