This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …

that an additional year of parental education increases sons' weekly wages by 11.7% after twenty years of experience and …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …