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2010
- ISIDORE Id: 10670/1.d29599...
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Bruno Decreuse et al., « General vs. Specialized Skills : The Role of Labor Market Frictions Revisited », Revue économique, ID : 10670/1.d29599...
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We set a model of skill acquisition where individuals choose the scope and intensity of their skills. More general skills allow the worker to perform on more jobs, but with a lower productivity. When the investment takes place before the labor market entry, frictions motivate the acquisition of more general skills. When the investment takes place once on the job, frictions have an ambiguous impact on the degree of skill generality. Classification JEL: I21; J24
