Structural unemployment is due to mismatch between available jobs and workers. We formalize this concept in a simple model of a segmented labor market with search frictions within segments. Worker mobility, job mobility and wage bargaining costs across segments generate structural unemployment. We e...
|Main Author:||van Rens, Benedikt Herz and Thijs|
|Place of publication:||
Barcelona Graduate School of Economics
|Data of publication:||2011/07|
|Online Access:||available in Bonn?|
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