We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely … productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity …, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii …

matching function. Wages are determined through Nash bargaining. We also consider aggregate productivity shocks, and a complete … for different kinds of consumers. We also demonstrate that productivity changes in the model---in steady state as well as …

between worker skill and firm productivity is 0.12. The assortative matching has a substantial impact on wage dispersion. We … differ in their permanent skill level and firms differ with respect to productivity. Positive (negative) sorting results if …-employee data. We find evidence of positive assortative matching. In the estimated equilibrium match distribution, the correlation …

productivity varies across working environments. Using detailed Belgian linked employer-employee panel data for 1999-2010, they … find the existence of a significant, positive (negative) impact of over- (under-)education on firm productivity. Moreover …, their results show that the effect of over-education on productivity is stronger among firms: (i) with a higher share of …

workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …

workers are employed in more productive industries. The evidence confirms assortative matching can be present even when worker …