The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are compensated by better promotion prospects. A corresponding empirical test by Sicherman (1991), using mobility to an occupation with higher human capital requirements as an indicator...

Trotz des beachtlichen personellen und finanziellen Aufwands, der in der Bundesrepublik für die Durchführung arbeitsmarktpolitischer Maßnahmen betrieben wird, ist ihr Erfolg in keiner Weise gesichert. Im Gegenteil, die bisherige Evaluierungspraxis verletzt nahezu durchgängig eine der...

Several firm-related aspects of employee productivity are analyzed using GSOEP data. The basic premise is that, as a consequence of frustration, overeducated employees are less productive than their correctly allocated colleagues. However, the results obtained in the present study contradict the...

I study a model where Information Technology, while typically increasing overall inequality, is likely to harm some people at intermediate and high levels of the distribution of income but to benefit people at the bottom. Within a given occupation it may harm some workers while benefitting...

This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high education workers by using US and French microdata. The consequences of this substitution on the wage...

The family investment hypothesis predicts that credit-constrained immigrant families adopt a household strategy for financing post-migration human capital investment in which the partner with labor market comparative advantage engages in investment activities and the other partner undertakes...

I use the European Community Household Panel to ask whether unemployment affects the relationship between education and subsequent earnings growth. show that individuals with more education have more to lose in terms of subsequent earnings growth from the experience of unemployment. This result...

This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...

This paper deals with empirical matching functions. The paper is innovative in several ways. First, unlike in most of the existing literature, matching functions are estimated not only on aggregate, but also on disaggregate levels which is unusual due to the scarcity of appropriate data....

Thurow?s job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more...