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This paper studies wage effects and job mobility as a result of skill mismatch in worker- occupation pairs. I develop a Roy model in which learning on the job induces workers to shift more time towards job-specific activities. Using a short task panel containing data on worker’s time...
Persistent link: https://www.econbiz.de/10014304206
In many professional labor markets the number of new workers follows a cyclical time path. This phenomenon is usually explained by means of a cobweb model that is based on the assumptions of myopic wage expectations and occupational immobility. Since both assumptions are questioned by the...
Persistent link: https://www.econbiz.de/10009714282
This paper develops a model of equilibrium unemployment with (unobservable) endogenous on-the-job search and (partly unobservable) endogenous search behavior by firms. The model allows to analyze crowding-out of unemployed job seekers by endogenous on-the job search of employees, and the...
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) institution. The empirical design of our paper builds on evidence relative to first labour market entry of graduates to identify a … matched unique employer-employee dataset we report the extent of horizontal mismatch for graduates of different fields of … duration on the likelihood of a horizontal mismatch separately for each field of education. We find that graduates from …
Persistent link: https://www.econbiz.de/10009777635