Structural unemployment

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...

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Bibliographic details
Main Author: Herz, Benedikt
van Rens, Thijs
Format: Paper
Language: English
Place of publication: 01.07.2011
Related: Department of Economics and Business, Universitat Pompeu Fabra
Data of publication: 2011/07
Series: Economics Working Papers
Online Access: available in Bonn?
Database: RePEc
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