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...
van Rens, Thijs
|Place of publication:||
Department of Economics and Business, Universitat Pompeu Fabra
|Data of publication:||2011/07|
Economics Working Papers
|Online Access:||available in Bonn?|
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