G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w2522
来源IDWorking Paper 2522
Sectoral Shocks and Structural Unemployment
Michael H. Riordan; Robert W. Staiger
发表日期1988-02-01
出版年1988
语种英语
摘要When current employers rave more information about worker quality than to potential employers, sectoral shocks cause structural unemployment. That is, some workers laid off from an injured sector remain unemployed despite the fact that trey are of sufficient quality to be productively employed in an expanding sector at toe prevailing wage, Moreover, sectoral unemployment rates are not monotonic in one severity of sectoral shocks due to one interaction of layoff activity and hiring activity. Finally, equilibrium employment decisions are not constrained Pareto efficient, and can be improved by a policy of adjustment assistance.
主题International Economics
URLhttps://www.nber.org/papers/w2522
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/559779
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GB/T 7714
Michael H. Riordan,Robert W. Staiger. Sectoral Shocks and Structural Unemployment. 1988.
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