000			01463cam a2200205 4500500
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041			_afre
042			_adc
100	1	0	_aCharlot, Olivier _eauthor
245	0	0	_aEducation and Unemployment in Matching Models: A Review of the Literature
260			_c2005.
500			_a88
520			_aThis paper surveys the literature that uses matching models to analyze the relationship between education and unemployment. The aim is to explain the existence of a positive correlation between education and unemployment observed in some European countries over the past decades. The literature emphasizes two mechanisms: (1) unemployment may raise the incentives to gain an education since this reduces the risk of being unemployed; and (2) higher educational attainment may in fact increase unemployment, at least for the less skilled. Finally, the paper examines the efficiency of education-related decisions in a context of unemployment. Workers may under-invest in education owing to a hold-up problem but may over-invest because education increases the probability of exiting unemployment.
690			_areturns to education
690			_ahuman capital
690			_amatching friction
690			_asocial efficiency
786	0		_nEconomie & prévision | o 169-170-171 | 3 | 2005-10-01 | p. 73-103 | 0249-4744
856	4	1	_uhttps://shs.cairn.info/journal-economie-et-prevision-1-2005-3-page-73?lang=en&redirect-ssocas=7080
999			_c698629 _d698629