01528cas a2200241 a 4500 AALejournalIMF003850 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848496 1018-5941 BD-DhAAL BD-DhAAL Saint-Paul, Gilles. Are the Unemployed Unemployable? / Gilles Saint-Paul. Washington, D.C. : International Monetary Fund, 1994. 1 online resource (24 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1994/064 Full text available on IMF http://elibrary.imf.org/view/journals/001/1994/064/001.1994.issue-064-en.xml IMF e-Library