TY - BOOK ID - 84538847 TI - Are the Unemployed Unemployable? PY - 1994 SN - 1462308635 1455282782 1281600245 1455216070 9786613780935 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Labor KW - Unemployment: Models, Duration, Incidence, and Job Search KW - Demand and Supply of Labor: General KW - Labor Force and Employment, Size, and Structure KW - Professional Labor Markets KW - Occupational Licensing KW - Labour KW - income economics KW - Unemployment rate KW - Unemployment KW - Labor markets KW - Labor force KW - Unskilled labor KW - Labor market UR - https://www.unicat.be/uniCat?func=search&query=sysid:84538847 AB - This paper develops a matching model of the labor market under wage rigidity when hiring decisions are irreversible. There are two types of workers, the skilled and the unskilled. The model is used to analyze whether technological advances may have increased unemployment. It is shown that it is likely to be so if they are associated with an increase in the productivity and/or the supply of skilled workers relative to unskilled workers. These effects are stronger when hiring decisions are more irreversible. ER -