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Author:Dolado, J.J.
Jansen, M.
Jimeno, J.F.
Title:On-the-job search in a matching model with heterogeneous jobs and workers
Journal:Economic Journal
2009 : JAN, VOL. 119:534, p. 200-228
Index terms:labour markets
employment
job search
education
skilled workers
models
Language:eng
Abstract:In this article, the effects of transitory skill mismatch in a matching model with heterogeneous jobs and workers is explored. In the model, some highly-educated workers may accept unskilled jobs despite being over-qualified but allowed to engage in on-the-job search for a better job. This feature is shown to have relevant implications for the set of potential equilibria, the unemployment rates of the different types of workers, the degree of wage inequality, and the response of the labour market to shifts in the demand and supply of skills.
SCIMA record nr: 271641
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