منابع مشابه
Skill Mismatch and Structural Unemployment
I build a model in which structural change creates a mismatch between the skill requirements in the available jobs and workers’ current skills. When the mismatch is severe, labor markets go through a prolonged adjustment process wherein job creation is low and unemployment is high. Due to matching frictions, firms find it harder to locate workers with the requisite skills for novel jobs and the...
متن کاملOvereducation and skill mismatch: a dynamic analysis
Half of American workers have a level of education that does not match the level of education required for their job. Of these, a majority are overeducated, i.e. have more schooling than necessary to perform their job (see, e.g., Leuven & Oosterbeek, 2011). In this paper, we use data from the National Longitudinal Survey of Youth 1979 (NLSY79) combined with the pooled 1989-1991 waves of the CPS...
متن کاملSkill Demands and Mismatch in U.S. Manufacturing: Evidence and Implications
Elevated unemployment rates during and after the recession of 2007-2009 have revived debates over the degree of structural mismatch in the U.S. economy. One of the most frequent claims is that workers lack the skills that employers demand. Unfortunately, the existing literature analyzes mismatch at a high level of aggregation with abstract indices and noisy proxies that obscure the underlying m...
متن کاملSkill Mismatch and the Costs of Job Displacement*
We study whether earning losses after job displacement can be attributed to the skill mismatch that arises when workers' human capital is underutilized at the new job. Using detailed task data, we create asymmetric measures of skill mismatch between occupations. We use these measures to study the e ect of worker displacement in plant closures and mass-layo s in Germany, exploiting these events ...
متن کاملA Theory of Income Taxation under Multidimensional Skill Heterogeneity⇤
We develop a unifying framework for optimal income taxation in multi-activity economies with general production technologies. Agents are characterized by an N-dimensional skill vector that captures intrinsic abilities in N activities. The private return to each activity depends on individual skill and an aggregate activity-specific return, which is a general function of the economy-wide distrib...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2669854