Labor market implications of education mismatch

Education and Labor Market Discrimination

1467 Models of statistical discrimination often imply that black Americans—or others suffering from discrimination—invest less in themselves than otherwise comparable whites do, because blacks receive a lower return from investment in human capital than whites. The critical assumption underlying these models is that the market receives imperfect information about productivity and no direct info...

The Education, Labor Market, and Health Consequences of Child Labor

Although there is an extensive literature on the determinants of child labor and many initiatives aimed at combating it, there is limited evidence of the consequences of child labor on socio-economic outcomes such as education, wages, and health. We evaluate the causal effect of child labor participation on these outcomes using panel data from Vietnam and an instrumental variables strategy. Fiv...

Space and Unemployment: The Labor- Market Effects of Spatial Mismatch

The aim of this article is to analyze the effects of housing discrimination on the wages and unemployment rates of black workers. The unemployment effect is first analyzed using a simple minimum-wage model. An efficiency-wage model is then adopted in order to endogenize both unemployment and wages. Under both models, suburban housing discrimination leads to a higher unemployment rate for blacks...

Crime and the Labor Market: Policy Implications

This paper extends the Pissarides (2000) model of the labor market to include crime and punishment à la Becker (1968). The model is used to study, analytically and quantitatively, the effects of various labor market and crime policies. For instance, a more generous unemployment insurance system reduces the crime rate of the unemployed but its effect on the crime rate of the employed depends on ...

The Changing Role of Education in the California Labor Market