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This paper proposes a new measure of skills mismatch that combines information about skill proficiency, self …-reported mismatch and skill use. The theoretical foundations underling this measure allow identifying minimum and maximum skill …-skilled. The availability of skill use data further permit the computation of the degree of under and over-usage of skills in the …
Persistent link: https://www.econbiz.de/10011096096
In this chapter we inspect economic mechanisms through which technological progress shapes the degree of inequality among workers in the labour market. A key focus is on the rise of US wage inequality over the past 30 years. However, we also pay attention to how Europe did not experience changes...
Persistent link: https://www.econbiz.de/10005504683
physicians have lower participation rates than male physicians plus they are subject to higher occupational mismatch, and (ii …
Persistent link: https://www.econbiz.de/10005497981
and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …
Persistent link: https://www.econbiz.de/10008854483
implies that there are two redistributive forces in the labour market. The first is mismatch relative to the Walrasian economy …
Persistent link: https://www.econbiz.de/10005114138
We survey the microfoundations, empirical evidence and estimation issues underlying the aggregate matching function. Several microeconomic matching mechanisms have been suggested in the literature with some successes but none is generally accepted as superior to all others. Instead, an aggregate...
Persistent link: https://www.econbiz.de/10005114438
We develop a framework where mismatch between vacancies and job seekers across sectors translates into higher … unemployment by lowering the aggregate job-finding rate. We use this framework to measure the contribution of mismatch to the … database covering the universe of onlineU.S. job advertisements. Mismatch across industries and occupations explains at most 1 …
Persistent link: https://www.econbiz.de/10011084321
common technological shock which enhances the importance of mismatch. This shock reduces the proportion of jobs that workers … productivity grows less due to larger mismatch. The model can be used to address a number of normative issues. …
Persistent link: https://www.econbiz.de/10005788908
productive. Hence social contacts can generate mismatch between a worker’s occupational choice and their comparative productive …
Persistent link: https://www.econbiz.de/10005661724
This paper is the concluding chapter of Rights, Rents and Fairness: Allocation in the European Emissions Trading Scheme … lessons and general principles to be learnt from the allocation of allowances in the European Union Emission Trading Scheme … allocation process and on what are the global implications of the EU ETS. As has become obvious during the first allocation phase …
Persistent link: https://www.econbiz.de/10005667060