CORDIS Project
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This project aims to redefine labor market dynamics by analyzing worker mobility and market frictions through long-term worker characteristics. It proposes a model that explains unemployment and job mismatches based on workers' abilities and their interactions with firms.
The work laid out in this proposal aims to change our understanding of labor markets by viewing both the mobility as well as the frictions in the market as a consequence of long-term worker heterogeneity.
Despite the advances in information technology which substantially reduce the costs of sending information (job advertisements, job applications) extracting the relevant information about worker quality remains hard.
Long-term differences in ability coupled with screening frictions are proposed…
ISTITUTO UNIVERSITARIO EUROPEO
EUROPEAN UNIVERSITY INSTITUTE
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United Kingdom, Edinburgh
Type: University / higher education
Activity type: Higher or Secondary Education Establishments
SME: No
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