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Involuntary Unemployment Relative to Simple Jobs in A Competitive Labor Market
Oleh:
Otani, Kiyoshi
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
INTERNATIONAL ECONOMIC REVIEW vol. 32 no. 1 (1991)
,
page 85-102.
Topik:
labour
;
unemployment
;
simple jobs
;
competitive labor market
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
II49
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This paper accounts for involuntary unemployment, distinguishing between workers with and without the firm - specific skills, and also recognizing the presence of simple jobs without skill requirements. By contrast to the current literature, and in particular the insider - outsider model, workers without the skills are unemployed in the paper : (i) although their market is competitive, (ii) not with regard to jobs with skill requirements, but simple jobs, (iii) and not because of costs unrelated to productivity, but the training cost of the firm - specific skills, a cost intrinsic to productivity. The model in the paper accords well with the practice of bumping and seniority.
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