| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2099 |
| DP2099 Should Firms be Required to Pay for Vocational Training? | |
| Margaret Stevens | |
| 发表日期 | 1999-03-29 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | The paper computes lifetime welfare functions for French and American workers. For the vast majority of workers, we find that the lifetime discrepancy between the welfare of an employed and that of an unemplyed worker appear to quite similar in the two countries, corresponding to nine monthly wages in the US, and 13 monthly wages in France. From these and othervalues, we then calibrate standard parameters of equilibrium theories of unemployment such as hiring and firing costs and the quantitative incidence of unemployment benefit onto the equilibrium hiring rates. We find that the latter factor dominates the other. Because of the heterogeneity that we document on the labour market, we show, however, why reducing the level of French unemployment benefits to the level of American ones would dramatically reduce the welfare of the most vulnerable workers on the labour market. |
| 主题 | International Macroeconomics ; Labour Economics |
| 关键词 | Labour market dynamics Ranking Unemployment duration Wage earnings inequality |
| URL | https://cepr.org/publications/dp2099 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531216 |
| 推荐引用方式 GB/T 7714 | Margaret Stevens. DP2099 Should Firms be Required to Pay for Vocational Training?. 1999. |
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