Decreuse, Bruno and Granier, Pierre (2004): Adaptabilité et complexité: les choix éducatifs et technologiques sont-ils efficaces?
Download (218kB) | Preview
European labour markets have known three major changes over the past three decades : the complexification of the technological environment, the growth of general education across the workforce, and rising unemployment. Taken together, do these facts reflect the inefficiency of schooling and technological decisions ? Our answer takes place in a matching model of unemployment in which firms choose technological complexity, and workers educate to improve their adaptability. We show economic policy should focus on the labour market and the education system rather than on firms’ technological choices.
|Item Type:||MPRA Paper|
|Original Title:||Adaptabilité et complexité: les choix éducatifs et technologiques sont-ils efficaces?|
|English Title:||Adaptability vs complexity: on the efficiency of educational and technological choices|
|Keywords:||Matching frictions; Heterogeneity; Ex-ante investment|
|Subjects:||J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J24 - Human Capital ; Skills ; Occupational Choice ; Labor Productivity
I - Health, Education, and Welfare > I2 - Education and Research Institutions > I20 - General
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, Vacancies, and Immigrant Workers > J60 - General
J - Labor and Demographic Economics > J2 - Demand and Supply of Labor > J21 - Labor Force and Employment, Size, and Structure
|Depositing User:||Bruno Decreuse|
|Date Deposited:||27. Jun 2007|
|Last Modified:||27. Aug 2015 05:08|
Acemoglu, D., 1996. A microfoundation for social increasing returns to human capital accumulation. Quarterly Journal of Economics 61, 779-804 Acemoglu, D., 2002. Technological Change, inequality, and the labor market. Journal of Economic Literature 40, 7-72 Acemoglu, D., Shimer, R., 1999. Holdups and efficiency with search frictions. International Economic Review 40, 827-849 Autor, D., Katz, L., Krueger, A., 1998. Computing inequality: Have computers changed the labor market? Quaterly Journal of Economics, 1169-1213 Bartel, A., Lichtenberg, F., 1987. The comparative advantage of educated workers in implementing new technology: some empirical evidence. Review of Economic and Statistics 69, 1-11 Benhabib, J., Spiegel, M., 1994. The role of human capital in economic development: Evidence from aggregate cross country data. Journal of Monetary economics 34, 143-173 Burdett, K., Smith, E., 2002. The low skill trap. European Economic Review 46, 1439-1451 Charlot, O., Decreuse, B., 2004. Self-selection in education with matching frictions. Labour Economics, forthcoming Charlot, O., Decreuse, B., Granier, P., 2004. Adaptability, productivity, and the returns to schooling in a matching model. European Economic Review, forthcoming. Available at http://www.vcharite.univ-mrs.fr/pp/granier/toorev12.pdf Doms, M., Dunne, T., Troske, K., 1997. Workers, wages, and technology. Quaterly Journal of Economics 112, 253-290 Dunne, T., Schmitz, J., 1995. Wages, employment structure and employer-size wage premia: their relationship to advanced-technology usage at U.S manufacturing establishments. Economica 62, 89-107 Hosios, A., 1990. On the efficiency of matching and related models of search and unemployment. Review of Economic Studies 57, 279-298 16 Krueger, A., 1993. How computers have changed the wage structure : Evidence from microdata, 1984-1989. Quaterly Journal of Economics 108, 33-60 Laing, D., Palivos, T., Wang, P., 1995. Learning, matching and growth. Review of Economic Studies 62, 115-129 Machin, S., Van Reenen, J., 1998. Technology and changes in skill structure: Evidence from seven OECD countries. Quaterly Journal of Economics 113, 1215-1244 Moen, E., 1999. Education, ranking, and competition for jobs. Journal of Labor Economics 17, 694-723 Nelson, R., Phelps, E., 1966. Investment in humans, technological diffusion,and economic growth. American Economic Review 56, 69-75