Life cycle training and equilibrium unemployment

This paper examines life cycle vocational training investments in the context of a model with search frictions that features skill obsolescence and heterogenous agents. We shed light on some age-dependent externalities. On the one hand, this implies that firms can increase too far from retirement th...

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Bibliographic details
Volume: 50
Main Author: Chéron, Arnaud
Terriau, Anthony
Format: Journal Article
Language: English
Place of publication: Elsevier B.V 2018
published in: Labour economics Vol. 50; no. March; pp. 32 - 44
ORCID: 0000-0003-0612-6723
Data of publication: 2018
ISSN: 0927-5371
1879-1034
EISSN: 1879-1034
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: FIS Bildung Literaturdatenbank
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