Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/75453
Authors: 
Walsh, Patrick Paul
Year of Publication: 
2000
Series/Report no.: 
LICOS Discussion Paper 91
Abstract: 
We model job reallocation and unemployment as outcomes jointly determined by the structure of inherited social capital within a two-sector Optimal Speed of Transition model. Treating regions of Poland as independent labour markets, the socio-economic inheritance of regions is found to be a legacy of planning that determines regional job reallocation rates. In turn, higher rates of (instrumented) regional job reallocation is shown to boost regional unemployment turnover, reduce the duration of frictional and increase the incidence of structural unemployment. At the regional level, the benefit system facilitates the job reallocation process and accumulates out-of-date human capital.
Subjects: 
Social Capital
Job Reallocation
Regional Unemployment and Poland
Dynamic Computable General Equilibrium Model
JEL: 
J6
L0
O5
Document Type: 
Working Paper

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