Dolado, Juan J.; Jansen, Marcel; Jimeno, Juan F. - Departamento de Economía, Universidad Carlos III de Madrid - 2002
This paper considers a matching model of heterogenous and jobs which includes on-the-job search. High-educated workers transitorily accept unskilled jobs and continue to search for skilled jobs. We study the implications of this model for the unemployment rates of high and low-educated workers,...