search query: @indexterm Labour turnover / total: 177
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| Author: | Boeri, T. |
| Title: | Heterogeneous workers, economic transformation and the stagnancy of transitional unemployment |
| Journal: | European Economic Review
1997 : VOL. 41:3-5, p. 905-914 |
| Index terms: | UNEMPLOYMENT LABOUR TURNOVER ECONOMICS |
| Language: | eng |
| Abstract: | In an environment of intense structural change being unemployed conveys a bad signal. A simple model is developed which accounts for the stagnancy of the unemployment pool in transitional economies in spite of major worker reallocation occurring in these countries. The model predicts that the tightening of unemployment benefits can hardly boost outflows to jobs once mass unemployment has built-up as there are at this stage too many low-productivity workers in the pool. |
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