Nonmonotonic relationship between human capital and unemployment: an exploratory study with empirical evidence on Singapore

被引：4
|
作者：
Ho, Kong Weng [1 ]
Tan, Randy [1 ]
机构：
[1] Nanyang Technol Univ, Singapore 639798, Singapore
来源：
APPLIED ECONOMICS LETTERS | 2008年 / 15卷 / 15期
关键词：
D O I：
10.1080/13504850500461399
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We examine empirically the role of human capital, together with global and domestic technologies, in the evolution of unemployment in Singapore. Our results show a threshold level of human capital, below (above) which increases (decreases) in human capital will reduce (raise) unemployment. This nonmonotonic relationship is caused by a greater substitution from labour toward technology feasible at higher levels of human capital.
引用
收藏
页码：1177 / 1185
页数：9
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