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Herz, Benedikt and Van Rens, Thijs (2015) Accounting for mismatch employment. Working Paper. Coventry: University of Warwick. Department of Economics. Warwick economics research papers series (TWERPS), Volume 2015 (Number 1061). (Unpublished)
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Official URL: http://www2.warwick.ac.uk/fac/soc/economics/resear...
Abstract
We investigate unemployment due to mismatch in the US over the past three decades. We propose an accounting framework that allows us to estimate the overall amount of mismatch unemployment, as well as the contribution of each of the frictions that caused the mismatch. Mismatch is quantitatively important for unemployment and the cyclical behavior of mismatch unemployment is very similar to that of the overall unemployment rate. Geographic mismatch is driven primarily by wage frictions. Mismatch across industries is driven by wage frictions as well as barriers to job mobility. We find virtually no role for worker mobility frictions.
Item Type: | Working or Discussion Paper (Working Paper) | ||||||
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Alternative Title: | |||||||
Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||
Divisions: | Faculty of Social Sciences > Economics | ||||||
Library of Congress Subject Headings (LCSH): | Structural unemployment, Labor mobility | ||||||
Series Name: | Warwick economics research papers series (TWERPS) | ||||||
Publisher: | University of Warwick. Department of Economics | ||||||
Place of Publication: | Coventry | ||||||
Official Date: | May 2015 | ||||||
Dates: |
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Volume: | Volume 2015 | ||||||
Number: | Number 1061 | ||||||
Number of Pages: | 39 | ||||||
Institution: | University of Warwick | ||||||
Status: | Not Peer Reviewed | ||||||
Publication Status: | Unpublished | ||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||
Description: | This has been updated as WERPS number 1205 |
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Date of first compliant deposit: | 28 July 2016 | ||||||
Date of first compliant Open Access: | 28 July 2016 | ||||||
Version or Related Resource: | Previous version: Structural unemployment / Benedikt Herz and Thijs van Rens. July 2011. | ||||||
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