Pierre Granier
Chercheur
,
Aix-Marseille Université
, Faculté d'économie et de gestion (FEG)
- 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
Bruno Decreuse, Pierre Granier, Labour Economics, Vol. 23, pp. 20--29, 01/2013
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