Searching, Matching and Education: a Note
João Cerejeira ()
No 11/2005, NIPE Working Papers from NIPE - Universidade do Minho
In this paper the individual optimal level of education is set in a frictional labor market, where matching is not perfect. Also search frictions are a function of the average education can improve economic efficiency, not only through improvements in workers productivity, but also making the matching process more efficient, and thus reducing the unemployment level.
Keywords: Education; Externalities; Search; Matching; Unemployment. (search for similar items in EconPapers)
JEL-codes: I21 J41 J64 (search for similar items in EconPapers)
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