2018 Austin Robinson Memorial Prize
11 Dec 2019
The 2018 Austin Robinson Memorial Prize was awarded to Isabel Cairó and Tomaz Cajner for their article ‘ Human Capital and Unemployment Dynamics: Why More-Educated Workers Enjoy Greater Employment Stability.’ The paper addresses how workers with different educational backgrounds fare on the job market in terms of job stability. The paper demonstrates how on-the-job training embedded in a search and matching model provides job stability for highly educated workers while, surprisingly, job finding rates for different types of workers are similar.
How does Education affect employment? (Isabel Cairó and Tomaz Cajner)
Isabel Cairó and Tomaz Cajner discuss their research at the Annual Conference.