General versus Specific Skills in Labor Markets with Search Frictions and Firing Costs
General versus Specific Skills in Labor Markets with Search Frictions and Firing Costs
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劳动力市场中的一般技能与特定技能以及搜索摩擦和解雇成本
DOI：
10.1257/aer.96.3.811
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发表时间：
2006
期刊：
影响因子：
--
通讯作者：
Étienne Wasmer
中科院分区：
文献类型：
--
作者：
Étienne Wasmer
人力资本投资并不独立于劳动力市场的总体状况：劳动力市场的摩擦和疲软会提高特定人力资本投资相对于一般投资的回报。我们建立了一个具有两个纯策略机制的宏观经济模型。在纯 G 体制中，工人们投资于通用技能。当他们面临高流动性的劳动力市场且缺乏就业保护时，就会发生这种情况。当就业保护足够高时，就会出现纯粹的 5 体制，其中工人投资于其工作特定的技能。结论提供了欧洲与美国差异特征的含义。 （JEL：J63、J30）
Human capital investments are not independent of the aggregate state of labor markets: frictions and slackness of the labor market raise the returns to specific human capital investments relative to general investments. We build a macroeconomic model with two pure strategy regimes. In the pure G-regime, workers invest in general skills. This occurs when they face high turnover labor markets and in the absence of employment protection. The pure 5-regime in which workers invest in skills specific to their job appears when employment protection is high enough. Implications for a characterization of Europe-United States differences are provided in conclusion. (JEL: J63, J30)