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Central bank governors and their professional competency have attracted reasonable interest in the monetary policy world. However, data and methods to measure the professional qualifications of central bank governors based on their experience, higher education, and other professional attributes...
Persistent link: https://www.econbiz.de/10013314231
This paper analyzes assortative matching between employers and employees and its interrelations with the employment … matching. The correlation between both quality measures is positive. Wage gains amount up to 4% when both quality levels are … equal. In a fairly general matching model, this shape of the wage curve arises due to complementarities of qualities in the …
Persistent link: https://www.econbiz.de/10010358541
The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
We examine the direct impact of idiosyncratic match quality on entry wages and job mobility using unique data on worker talents matched to job-indicators and individual wages. Tenured workers are clustered in jobs with high job-specific returns to their types of talents. We therefore measure...
Persistent link: https://www.econbiz.de/10011408194
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Does the matching between workers and jobs help explain productivity differentials across firms? To address this …
Persistent link: https://www.econbiz.de/10013175462
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This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market. Using new data from several low-income economies in urban Asia we find that overeducation in less developed labor markets are more pervasive than in more developed economies....
Persistent link: https://www.econbiz.de/10011655864