Are Specific Skills an Obstacle to Labor Market Adjustment?

This paper shows that specialized education reduces workers' mobility and hence their ability to cope with economic changes. We illustrate this point using labor force data from two countries having experienced important macroeconomic turbulence; a large economy with rigid labor markets, Poland...

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Bibliographic Details
Main Authors: Lamo, Ana, Messina, Julian, Wasmer, Etienne
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4660