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- W2037670813 abstract "This paper presents a two-sector model of job matching in which jobs are of two types distinguished by their accessibility to uneducated workers and by their productivity. Education confers two related benefits to workers: broader access to jobs, and higher lifetime earnings. The model determines the aggregate level of education in the economy, the aggregate human capital requirements of industry and the distribution of unemployment between educated and uneducated workers. The paper then addresses the issues of equilibrium unemployment and the incidence of unemployment in the steady-state." @default.
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- W2037670813 title "Education and the distribution of unemployment" @default.
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- W2037670813 doi "https://doi.org/10.1016/0176-2680(95)00040-2" @default.
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