Arbeitspapier

Stick, Carrot and Skill Acquisition

This paper examins the macroeconomic effects of youth unemployement programmes in the form of vocational training (YUPs), developing a two sector general equilibrium model featuring matching frictions and worker-firm wage bargaining for skilled workers. Unskilled sector wages are indexed to skilled sector wages. Workers differ with respect to ability, having importance for the young worker`s skill decision. Furthermore, a young worker may be offered vocational training through YUPs. The total number of skilled workers is therefore determined by these two channels and the interaction between them. We focus on the impact of YUPs on skill division, unemployment distribution workers and aggregate unemployment.

Sprache
Englisch

Erschienen in
Series: Working paper ; No. 9-2001

Klassifikation
Wirtschaft
Demographic Economics: Public Policy
Wages, Compensation, and Labor Costs: Public Policy
Mobility, Unemployment, and Vacancies: Public Policy
Thema
Skill acquisition
Search
Unemployment

Ereignis
Geistige Schöpfung
(wer)
Filges, Trine
Larsen, Birthe
Ereignis
Veröffentlichung
(wer)
Copenhagen Business School (CBS), Department of Economics
(wo)
Frederiksberg
(wann)
2001

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Filges, Trine
  • Larsen, Birthe
  • Copenhagen Business School (CBS), Department of Economics

Entstanden

  • 2001

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