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Pierre Granier

Chercheur Aix-Marseille UniversitéFaculté d'économie et de gestion (FEG)

Macroéconomie, économie du travail et économie internationale
Statut
Professeur des universités
Domaine(s) de recherche
Économie du travail
Adresse

AMU - AMSE
5-9 Boulevard Maurice Bourdet, CS 50498
​13205 Marseille Cedex 1

Résumé This paper examines the impact of labor market institutions covering the risk of unemployment on the nature of educational investment. We offer a matching model of unemployment in which individuals of a given education determine the scope (or adaptability) and intensity (or productivity) of their human capital before entering the labor market. Our model features an increasing relationship between match surplus and the return to adaptability skills. This relationship explains why matching frictions promote adaptability skills instead of productivity skills, and why unemployment benefits and job protection create the incentive for productivity skill acquisition.
Mots clés Economie quantitative