This study investigates the causal effects of education on individuals’ transitions between employment and unemployment, with particular focus on the extent to which education improves re-employment outcomes among unemployed workers. Given that positive correlations between education and...

How does time off from work affect an individual’s job prospects? A study by CLSRN affiliates Kory Kroft (University of Toronto), Fabian Lange (McGill University) and Matthew J. Notowidigdo (University of Chicago) entitled “Duration Dependence and Labor Market Conditions: Theory and...

This paper shows that changes in the skill requirements of jobs are one way by which economic downturns affect job match quality. In doing so this paper makes two contributions to the literature. The first contribution is to document a stylized fact about the cyclicality of skill requirements...

Ever since the seminal work of Stigler (1962), economists have recognized that information in markets is costly to acquire and can lead to “search frictionsâ€. The remarkable growth in online search has substantially lowered the cost of information acquisition. Despite this, there is...

Examples of educational mismatch and overqualifcation in the labour market can often be found in the same office building – the clerical worker with a bachelor’s degree reporting to a manager with a high school education – as an example. Some have argued that mismatch in...