The dynamics of youth labor market integration
Résumé
This paper provides a theoretical and quantitative explanation for the time-consuming integra- tion process of young workers. The search process fails both in matching costlessly ¯rms and workers and in screening matches of poor quality, thus leading to recurring job loss and high unemployment at the entry of the labor market.
Domaines
Economies et finances| Origine | Fichiers produits par l'(les) auteur(s) |
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