Objective
An endogenous growth model will be constructed in which workers absorb a fraction of the economy's continually growing stock of public knowledge by investing in education. The level of schooling undertaken is assumed to be a key determinant of the rate of economic growth. Once schooling is completed, workers are brought together with vacancies/firms via a stochastic matching technology, designed to capture the degree of market frictions. The labour market is populated by overlapping generations of workers of differing productivities. The model can explain the observed negative correlation between wages and the unemployment rate. Furthermore, the characterisation of the wage structure across different generations will allow us to examine issues pertaining to wage inequality. Finally, calibration methods can provide a quantitative assessment of the effects of alternative economic policies, which improve the organization of the labour market, on economic growth, unemployment and the wage distribution.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- social sciences economics and business economics production economics productivity
- social sciences economics and business business and management employment
- social sciences sociology social issues unemployment
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
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Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Funding Scheme
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.
Coordinator
5037 AB TILBURG
Netherlands
The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.