@TechReport{iza:izadps:dp15721,
            	author={Girsberger, Esther Mirjam and Meango, Romuald},
            	title={The Puzzle of Educated Unemployment in West Africa},
            	year={2022},
	month={Nov},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={15721},
            	url={https://www.iza.org/index.php/publications/dp15721},
	abstract={Many developing countries exhibit a puzzling pattern given their scarce human capital: unemployment rates increase with education. We develop and estimate a model where educated unemployment arises from heterogeneous workers participating in a frictional labour market with three sectors (public, private and self-employment). We estimate that public sector distortions explain around two-thirds of educated unemployment in urban Burkina Faso and one-quarter in Senegal. We then simulate three equally costly policies. In contrast with public job creation and subsidies to self-employment income, subsidies for private sector vacancy creation effectively reduce educated unemployment and improve aggregate workers' welfare.},
	keywords={unemployment;education;search and matching model;urban West Africa},
            }