Demand uncertainty mismatch and (un)employment

Mohamed Jellal (), Jacques Thisse and Yves Zenou

MPRA Paper from University Library of Munich, Germany

Abstract: Heterogeneous firms facing demand-induced price fluctuations imperfectly compete for heterogeneous workers. It is shown that unemployment may arise in equilibrium because of the combination of uncertainty on product price and mismatch between workers’ skills and firms’ job requirements.

Keywords: Skill mismatch; Price uncertainty; Unemployment equilibrium (search for similar items in EconPapers)
JEL-codes: D81 E24 J41 (search for similar items in EconPapers)
Date: 2005
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https://mpra.ub.uni-muenchen.de/38437/1/MPRA_paper_38437.pdf original version (application/pdf)

Related works:
Journal Article: Demand uncertainty, mismatch and (un)employment (2005)
Journal Article: Demand uncertainty, mismatch and (un)employment (2005)
Working Paper: Demand uncertainty, mismatch and (un)employment (2005)
Working Paper: Demand uncertainty, mismatch, and (un)employment (1997)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:38437

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