Document details

Searching, matching and education: a note

Author(s): Silva, João C. Cerejeira da cv logo 1

Date: 2005

Persistent ID: http://hdl.handle.net/1822/2743

Origin: RepositóriUM - Universidade do Minho

Subject(s): Education; Externalities; Search; Matching; Unemployment


Description
In this paper the individual optimal level of education is set in a frictional labor market, where matching is not perfect. Also search frictions are a function of the average education of the labor force. Therefore, an increase in the average education can improve economic efficiency, not only through improvements in workers productivity, but also making the matching process more e¢ cient, and thus reducing the unemployment level.
Document Type Research paper
Language English
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    Financiadores do RCAAP

Fundação para a Ciência e a Tecnologia Universidade do Minho   Governo Português Ministério da Educação e Ciência Programa Operacional da Sociedade do Conhecimento EU