000 | 01407cam a2200181 4500500 | ||
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005 | 20250121113723.0 | ||
041 | _afre | ||
042 | _adc | ||
100 | 1 | 0 |
_aBelan, Pascal _eauthor |
700 | 1 | 0 |
_a Carré, Martine _eauthor |
700 | 1 | 0 |
_a Gregoir, Stéphane _eauthor |
245 | 0 | 0 | _aSubsidizing Low-Skilled Jobs in a Dual Labor Market |
260 | _c2007. | ||
500 | _a90 | ||
520 | _aA large exclusion from the labor market or an important unemployment of lowskilled workers is observed in numerous countries that set a minimum wage. Unemployment benefit or subsidizing low-skilled job policies can be mixed to deal with this situation. We introduce a matching model where (i) co-exist classical and frictional unemployments, (ii) the labor market is dual. Low-skilled jobs pay the minimum wage, while high-skilled wages result from bargaining. High-skilled unemployed can apply for both types of jobs, while opportunities for low-skilled ones are limited to low-skilled jobs. In this set-up, increasing low-skilled job subsidies with a balanced budget does not necessarily reduce low-skilled unemployment or unemployment spells. The model is calibrated for the French labor market. Classifications JEL: H21, H23, J41 | ||
786 | 0 | _nRevue économique | 58 | 3 | 2007-05-07 | p. 693-702 | 0035-2764 | |
856 | 4 | 1 | _uhttps://shs.cairn.info/journal-revue-economique-2007-3-page-693?lang=en&redirect-ssocas=7080 |
999 |
_c545494 _d545494 |