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Displaying results 1 to 25 of 110.

  1. Communal Responsibility and the Coexistence of Money and Credit Under Anonymous Matching
    Published: 2010
    Publisher:  Humboldt-Universität zu Berlin, Berlin

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    Language: English
    Media type: Book
    Format: Online
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    Subjects: Handelsforschung; Kredit; Durchsetzung; Rechtsnorm; Kreditsicherung; Matching; Zahlungsverkehr
    Other subjects: (stw)Handelsforschung; (stw)Kredit; (stw)Rechtsdurchsetzung; (stw)Kreditsicherung; (stw)Matching; (stw)Zahlungsverkehr; (stw)Theorie; Communal responsibility; anonymous matching; money demand; credit; bills of exchange; Arbeitspapier; Graue Literatur; Buch; Online-Publikation
    Scope: Online-Ressource
    Notes:

    In: Sonderforschungsbereich 649: Ökonomisches Risiko, Band 2010, Ausgabe 60, 2010

  2. Immigrant over- and under-education
    the role of home country labour market experience
    Published: 2010
    Publisher:  IZA, Bonn

    The cause of immigrant education mismatch in the host country labour market might not necessarily be discrimination or imperfect transferability of human capital, as argued in previous studies. Immigrants who have gained professional experience in... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    The cause of immigrant education mismatch in the host country labour market might not necessarily be discrimination or imperfect transferability of human capital, as argued in previous studies. Immigrants who have gained professional experience in the home country in jobs below their education level might be assessed by host country employers as having lower abilities and skills than those expected from their educational qualifications. Using the Longitudinal Survey of Immigrants to Australia we show that a significant part of the variation in the immigrants' probability to be over-/under-educated in the Australian labour market can be explained by having been over-/under-educated in the last job in the home country. -- immigrants ; education-occupation mismatch ; sample selection

     

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    Language: English
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    Other identifier:
    hdl: 10419/52032
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 5302
    Subjects: Migranten; Arbeitsmigranten; Qualifikation; Arbeitsmarkt; Ungelernte Arbeitskräfte; Unterbeschäftigung; Matching; Australien
    Scope: Online-Ressource (PDF-Datei: 32 S., 310 KB), graph. Darst.
  3. Panel data estimates of the production function and product and labor market imperfections
    Published: 2010
    Publisher:  IZA, Bonn

    Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that... more

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    Consistent with two models of imperfect competition in the labor market, the efficient bargaining model and the monopsony model, we provide two extensions of a microeconomic version of Hall's framework for estimating price-cost margins. We show that both product and labor market imperfections generate a wedge between factor elasticities in the production function and their corresponding shares in revenue that can be characterized by a "joint market imperfections parameter". Using an unbalanced panel of 10646 French firms in 38 manufacturing industries over the period 1978-2001, we can classify these industries into six different regimes depending on the type of competition in the product and the labor market. By far the most predominant regime is one of imperfect competition in the product market and efficient bargaining in the labor market (IC-EB), followed by a regime of imperfect competition in the product market and perfect competition or right-to-manage bargaining in the labor market (IC-PR), and by a regime of perfect competition in the product market and monopsony in the labor market (PC-MO). For each of these three predominant regimes, we assess within-regime firm differences in the estimated average price-cost mark-up and rentsharing or labor supply elasticity parameters, following the Swamy methodology to determine the degree of true firm dispersion. As a way to assess the plausibility of our findings in the case of the dominant regime (IC-EB), we also relate our industry and firm-level estimates of price-cost mark-up and (relative) extent of rent sharing to industry characteristics and firmspecific variables respectively. -- rent sharing ; monopsony ; price-cost mark-ups ; production function ; panel data

     

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    Language: English
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    hdl: 10419/46124
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 5176
    Subjects: Produktionsfunktion; Faktorintensität; Substitutionselastizität; Matching; Faktorpreis; Produktivität; Industrie; Frankreich
    Scope: Online-Ressource (PDF-Datei: 48 S., 834 KB), graph. Darst.
  4. Homeownership and social capital in New Zealand
    Published: c2010
    Publisher:  Motu Economic and Public Policy Research, Wellington, NZ

    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 94 (2011,2)
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    Series: Motu working paper ; 11,02
    Subjects: Wohneigentum; Bürgerbeteiligung; Sozialkapital; Matching; Neuseeland; Social capital (Sociology); Social capital (Sociology); Home ownership
    Scope: Online-Ressource (iii, 31 p., 376,62 Kb), graph. Darst.
    Notes:

    Archived by the National Library of New Zealand

    Title from PDF cover (viewed on Apr. 5, 2011)

    Hypertext links contained in the archived instances of this title are non-functional

    Includes bibliographical references (p. 24-27)

    Homeownership and social capital in New Zealand

  5. Learning about monetary policy rules when labor market search and matching frictions matter
    Published: 2010
    Publisher:  Federal Research Bank of Kansas City, Research Division, Kansas City, Mo.

    This paper examines implications of incorporating labor market search and matching frictions into a sticky price model for determinacy and E-stability of rational expectations equilibrium (REE) under interest rate policy. When labor adjustment takes... more

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    This paper examines implications of incorporating labor market search and matching frictions into a sticky price model for determinacy and E-stability of rational expectations equilibrium (REE) under interest rate policy. When labor adjustment takes place solely at the extensive margin, forecast-based policy that meets the Taylor principle is likely to induce indeterminacy and E-instability, regardless of whether it is strictly or flexibly inflation targeting. When labor adjustment takes place at both the extensive and intensive margins, the strictly inflation-forecast targeting policy remains likely to induce indeterminacy, but it generates a unique E-stable fundamental REE as long as the Taylor principle is satisfied. These results suggest that introducing the search and matching frictions alter determinacy properties of the strictly inflation-forecast targeting policy, but not its E-stability properties in the presence of the intensive margin of labor.

     

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    Language: English
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    Series: Working papers / Federal Research Bank of Kansas City, Economic Research Department ; 10,14
    Subjects: Geldpolitik; Inflationssteuerung; Zinspolitik; Matching; Suchtheorie; Rationale Erwartung; Theorie
    Scope: Online-Ressource (PDF-Datei: 26 S., 1,04 MB), graph. Darst.
  6. Preference signaling in matching markets
    Published: 2010
    Publisher:  Inst. for Empirical Research in Economics, Zurich

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 1443 (508)
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    Language: English
    Media type: Book
    Format: Print
    Series: Working paper / Institute for Empirical Research in Economics, Univ. of Zurich ; 508
    Subjects: Arbeitsmarkt; Arbeitsangebot; Signalling; Matching; Wohlfahrtsanalyse; Theorie
    Scope: 66 S.
  7. Gale-shapley und der Arbeitsmarkt
    Published: [2010]
    Publisher:  ZBW, Kiel

    Wir definieren die Arbeitsproduktivität als Ergebnis der arbeitsplatzspezifischen Höhe und Übereinstimmung von Anforderungen des Arbeitsplatzes und Eigenschaften/Kompetenzen des Bewerbers und verwenden den Gale-Shapley Algorithmus als dezentrale... more

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    DSM
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    Wir definieren die Arbeitsproduktivität als Ergebnis der arbeitsplatzspezifischen Höhe und Übereinstimmung von Anforderungen des Arbeitsplatzes und Eigenschaften/Kompetenzen des Bewerbers und verwenden den Gale-Shapley Algorithmus als dezentrale doppelte Auktion zur Zuordnung von Arbeitsplätzen und Arbeitskräften nach dem Kriterium der Produktivität. -- Gale Shapley Algorithmus ; doppelseitige Auktion ; Arbeitsmarkt ; Matching

     

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    Language: German
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/55829
    Subjects: Arbeitsproduktivität; Arbeitsplatz; Anforderungsprofil; Arbeitskräfte; Matching; Auktionstheorie; Algorithmus; Theorie
    Scope: Online-Ressource (PDF-Datei: 25 S., 642,35 KB), graph. Darst.
  8. A new index of currency mismatch and systemic risk
    Published: 2010
    Publisher:  Internat. Monetary Fund, Washington, DC

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 128 (2010,263)
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    Language: English
    Media type: Book
    Format: Print
    Series: IMF working paper ; 10/263
    Subjects: Finanzmarkt; Bank; Kreditgeschäft; Devisenmarkt; Risiko; Matching; Finanzkrise; Schwellenländer
    Scope: 25 S., graph. Darst.
    Notes:

    Parallel als Online-Ausg. erschienen

  9. A simple theory of optimal redistributive taxation with equilibrium unemployment
    Published: 2010

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 659 (2010,13)
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    Language: English
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    Series: Série des documents de travail du CREST ; 2010-13
    Subjects: Einkommensteuer; Steuerprogression; Optimale Besteuerung; Arbeitslosigkeit; Arbeitsmarktsegmentation; Qualifikation; Matching; Theorie
    Scope: 13 S.
    Notes:

    Parallel als Online-Ausg. erschienen

  10. The black economy and education
    Published: 2010
    Publisher:  Department of Economics, Handelshøjskolen i København, København

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 55 (2010.1)
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    Language: English
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    Other identifier:
    hdl: 10398/8010
    Series: Working paper / Department of Economics, Handelshøjskolen i København ; 2010,1
    Subjects: Schattenwirtschaft; Arbeitsmarkt; Matching; Suchtheorie; Qualifikation; Bildungsverhalten; Arbeitslosigkeit; Theorie
    Scope: Online-Ressource (28 S., 229,3 KB)
  11. The black economy and education
    Published: 2010
    Publisher:  Dep. of Economics, Stockholm

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    Series: Working paper / Department of Economics, Stockholms Universitet ; 2010,3
    Subjects: Schattenwirtschaft; Arbeitsmarkt; Matching; Suchtheorie; Qualifikation; Bildungsverhalten; Arbeitslosigkeit; Theorie
    Scope: Online-Ressource (27 S.)
  12. How provider selection and management contribute to successful innovation outsourcing
    an empirical study at Siemens
    Published: 2010
    Publisher:  INSEAD, Fontainebleau

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    Language: English
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    Series: Array ; 2010,56
    Subjects: Produktentwicklung; Konstruktion; Outsourcing; Lieferantenbewertung; Matching; Kontingenztheorie; Qualitative Methode; Innovationsmanagement
    Scope: Online-Ressource (PDF-Datei: 45 S., 643 KB)
  13. Spatial sorting
    why New York, Los Angeles and Detroit attract the greatest minds as well as the unskilled
    Published: 2010
    Publisher:  Centre for Economic Policy Research, London

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 32 (8151)
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    Language: English
    Media type: Book
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    Series: Array ; 8151
    Subjects: Binnenwanderung; Qualifikation; Statistische Verteilung; Lohnniveau; Immobilienpreis; Matching; Großstadt; USA
    Scope: 30, [16] S., graph. Darst.
    Notes:

    Parallel als Online-Ausg. erschienen

  14. The challenges of matching private sector donations to the humanitarian needs and the role of brokers
    Published: 2010
    Publisher:  INSEAD, Fontainebleau

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    Language: English
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    Format: Online
    Edition: Rev. vers. of 2009/36/TOM/ISIC
    Series: Array ; 2010,41
    Subjects: Humanitäre Hilfe; Fundraising; Corporate Social Responsibility; Vermittlungstätigkeit; Nonprofit-Organisation; Matching
    Scope: Online-Ressource (PDF-Datei: 27 S., 582 KB)
  15. The effect of time in a multi-dimensional marriage market model
    Published: 2010

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 695 (417)
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    Language: English
    Media type: Book
    Format: Print
    ISBN: 9788073432157
    Series: Working paper series / CERGE-EI ; 417
    Subjects: Familienökonomik; Ehe; Scheidung; Matching; Theorie
    Scope: 32 S.
    Notes:

    Zsfassung in tschech. Sprache

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  16. Pareto-optimal matching allocation mechanisms for boundedly rational agents
    Author: Bade, Sophie
    Published: 2010
    Publisher:  Max Planck Inst. for Research on Collective Goods, Bonn

    This article is concerned with the welfare properties of trade when the behavior of agents cannot be rationalized by preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so:... more

    Staats- und Universitätsbibliothek Bremen
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    DS 62 (2010,47)
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    This article is concerned with the welfare properties of trade when the behavior of agents cannot be rationalized by preferences. I investigate this question in an environment of matching allocation problems. There are two reasons for doing so: firstly, the finiteness of such problems entails that the domain of the agents' choice behavior does not need to be restricted in any which way to obtain results on the welfare properties of trade. Secondly, some matching allocation mechanisms have been designed for non-market environments in which we would typically expect boundedly rational behavior. I find qualified support for the statements that all outcomes of trade are Pareto-optimal and all Pareto optima are reachable through trade. Contrary to the standard case, different trading mechanisms lead to different outcome sets when the agents' behavior is not rationalizable. These results remain valid when restricting attention to \minimally irrational" behavior. -- Bounded Rationality ; House Allocation Problems ; Fundamental Theorems of Welfare ; Multiple Rationales

     

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    Other identifier:
    hdl: 10419/57497
    Series: Preprints of the Max Planck Institute for Research on Collective Goods ; 2010,47
    Subjects: Allokation; Matching; Pareto-Optimum; Wohnstandort; Begrenzte Rationalität; Theorie
    Scope: Online-Ressource (PDF-Datei: 24 S., 635 KB)
  17. Life satisfaction and self-employment
    a matching approach
    Published: 2010
    Publisher:  Max-Planck-Inst. für Ökonomik, Jena

    Despite lower incomes, the self-employed consistently report higher satisfaction with their jobs. But are self-employed individuals also happier, more satisfied with their lives as a whole? High job satisfaction might cause them to neglect other... more

    Thüringer Universitäts- und Landesbibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 85 (1020)
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    Universitätsbibliothek Osnabrück
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    Despite lower incomes, the self-employed consistently report higher satisfaction with their jobs. But are self-employed individuals also happier, more satisfied with their lives as a whole? High job satisfaction might cause them to neglect other important domains of life, such that the fulfilling job crowds out other pleasures, leaving the individual on the whole not happier than others. Moreover, self-employment is often chosen to escape unemployment, not for the associated autonomy that seems to account for the high job satisfaction. We apply matching estimators that allow us to better take into account the above-mentioned considerations and construct an appropriate control group. Using the BHPS data set that comprises a large nationally representative sample of the British populace, we find that individuals who move from regular employment into self-employment experience an increase in life satisfaction (up to two years later), while individuals moving from unemployment to self-employment are not more satisfied than their counterparts moving from unemployment to regular employment. We argue that these groups correspond to "opportunity" and "necessity" entrepreneurship, respectively. These findings are robust with regard to different measures of subjective well-being as well as choice of matching variables, and also robustness exercises involving "simulated confounders". -- self-employment ; happiness ; matching estimators ; unemployment ; BHPS ; necessity entrepreneurship

     

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    Language: English
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    Other identifier:
    hdl: 10419/57547
    Series: Papers on economics and evolution ; 1020
    Subjects: Zufriedenheit; Selbstständige; Arbeitslosigkeit; Matching; Schätzung; Großbritannien
    Scope: Online-Ressource (PDF-Datei: 25 S., 796,05 KB), graph. Darst.
  18. Instability and indeterminacy in a simple search and matching model
    Published: 2010
    Publisher:  Dt. Bundesbank, Frankfurt, M.

    We demonstrate the possibility of indeterminacy and non-existence of equilibrium dynamics in a standard business cycle model with search and matching frictions in the labor market. Our results arise for empirically plausible parametrizations and do... more

    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    Leibniz-Institut für Wirtschaftsforschung Halle, Bibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 12 (2010,25)
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    Universitätsbibliothek Osnabrück
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    We demonstrate the possibility of indeterminacy and non-existence of equilibrium dynamics in a standard business cycle model with search and matching frictions in the labor market. Our results arise for empirically plausible parametrizations and do not rely upon a mechanism such as increasing returns. -- Search and matching ; indeterminacy ; match elasticity

     

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    Language: English
    Media type: Ebook
    Format: Online
    ISBN: 9783865586674
    Other identifier:
    hdl: 10419/43864
    Series: Array ; 25/2010
    Subjects: Konjunkturtheorie; Stabilität eines Gleichgewichts; Arbeitsmarktflexibilität; Arbeitsuche; Matching; Theorie
    Scope: Online-Ressource (PDF-Datei: 25 S., 324 KB), graph. Darst.
    Notes:

    Zsfassungen in dt. und engl. Sprache

  19. The cyclical volatility of labor markets under frictional financial markets
    Published: 2010
    Publisher:  Forschungsinstitut zur Zukunft der Arbeit, Bonn

    Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke and Gertler 1989). We follow this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks... more

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    Financial frictions are known to raise the volatility of economies to shocks (e.g. Bernanke and Gertler 1989). We follow this line of research to the labor literature concerned by the volatility of labor market outcomes to productivity shocks initiated by Shimer (2005): in an economy with search on credit and labor markets, a financial multiplier raises the elasticity of labor market tightness to productivity shocks. This multiplier increases with total financial costs and is minimized under a credit market Hosios-Pissarides rule. Using a flexible calibration method based on small perturbations, we find the parameter values to match the US share of the financial sector. Those values are far away from Hosios and lead to a financial accelerator of about 3.6 (exogenous wages) to 4.5 (endogenous wages). Both match Shimer (2005)'s elasticity of labor market tightness to productivity shocks. Financial frictions are thus an alternative to the "small labor surplus" assumption in Hagedorn and Manovskii (2008): we keep the value of wages over productivity below 0.78. We conclude that financial frictions are a good candidate to solve the volatility puzzle and rejoin Pissarides (2009) in arguing that hiring costs must be partly non-proportional to congestion in the labor market, which is the case of financial costs. -- search ; financial imperfections ; Shimer puzzle ; macroeconomic volatility

     

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    Language: German
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/44166
    Series: Discussion paper series / Forschungsinstitut zur Zukunft der Arbeit ; 5131
    Subjects: Arbeitsuche; Konjunkturelle Arbeitslosigkeit; Arbeitsmarkt; Matching; Arbeitsproduktivität; Schock; Finanzmarkt; Unvollkommener Markt; Theorie
    Scope: Online-Ressource (PDF-Datei: 35 S., 223 KB), graph. Darst.
  20. Monetary policy and unemployment
    Author: Galí, Jordi
    Published: 2010

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    Language: English
    Media type: Book
    Format: Online
    Edition: rev.
    Series: [Working papers / Department of Economics and Business, Universitat Pompeu Fabra ; 1198]
    Subjects: Geldpolitik; Inflationsrate; Matching; Lohnrigidität; Bruttoinlandsprodukt; Neoklassische Synthese
    Scope: Online-Ressource (76, [14] S., 503 Kb), graph. Darst.
  21. Do matching frictions explain unemployment?
    not in bad times
    Published: 2010
    Publisher:  Centre for Economic Performance, London

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: CEP discussion paper / Centre for Economic Performance ; 1024
    Subjects: Friktionelle Arbeitslosigkeit; Konjunktur; Matching; Suchtheorie; USA
    Scope: Online-Ressource (56 S.), graph. Darst.
  22. What drives movements in the unemployment rate?
    a decomposition of the Beveridge curve
    Published: 2010
    Publisher:  Board of Governors of the Federal Reserve System, Washington, DC

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    W 966 (2010,48)
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    Format: Print
    Series: Finance and economics discussion series ; 2010,48
    Subjects: Beveridge-Kurve; Arbeitslosigkeit; Arbeitsnachfrage; Arbeitsangebot; Matching; Arbeitsmobilität; Konjunktur; Theorie; USA
    Scope: 35 S., graph. Darst.
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    Parallel als Online-Ausg. erschienen

  23. Partnership-enhancement and stability in matching problems
    Published: 2010-04
    Publisher:  Center for Research on Contemporary Economic Systems, Graduate School of Economics, Hitotsubashi University, Tokyo

    In two-sided matching problems, we consider “natural” changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rankenhancements of partners. One... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 156 (30)
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    In two-sided matching problems, we consider “natural” changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rankenhancements of partners. One property requires that an agent who becomes higher ranked by the original partner should not be punished. We show that this property cannot always be met if the matchings are required to be stable. However, if only one agent changes his preferences, the above requirement is compatible with stability, and moreover, envy-minimization in stable matchings can also be attained. The other property is a solidarity property, requiring that all of the “irrelevant” agents, whose preferences as well as whose original partners’ preferences are unchanged, should be affected in the same way; either all weakly better off or all worse off. We show that when matchings are required to be stable, this property does not always hold

     

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    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10086/18487
    Series: CCES discussion paper series ; 30
    Subjects: Kooperatives Spiel; Matching; Solidarität; Neue politische Ökonomie; Theorie
    Other subjects: Array; Array; Array; Array
    Scope: Online-Ressource (23 S., 141 Kb)
    Notes:

    CCES Discussion Paper Series ; No. 30

  24. Partnership-enhancement and stability in matching problems
    Published: 2010-05
    Publisher:  Research Unit for Statistical and Empirical Analysis in Social Sciences, Institute of Economic Research, Hitotsubashi University, Kunitachi

    In two-sided matching problems, we consider "natural" changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rank-enhancements of partners. One... more

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    VS 155 (137)
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    In two-sided matching problems, we consider "natural" changes in preferences of agents in which only the rankings of current partners are enhanced. We introduce two desirable properties of matching rules under such rank-enhancements of partners. One property requires that an agent who becomes higher ranked by the original partner should not be punished. We show that this property cannot always be met if the matchings are required to be stable. However, if only one agent changes his preferences, the above requirement is compatible with stability, and moreover, envy-minimization in stable matchings can also be attained. The other property is a solidarity property, requiring that all of the "irrelevant" agents, whose preferences as well as whose original partners' preferences are unchanged, should be affected in the same way; either all weakly better off or all worse off. We show that when matchings are required to be stable, this property does not always hold

     

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    Content information
    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10086/18517
    Series: Global COE Hi-Stat discussion paper series ; 137
    Subjects: Kooperatives Spiel; Matching; Solidarität; Neue politische Ökonomie; Theorie
    Other subjects: Array; Array; Array; Array
    Scope: Online-Ressource (23 S., 230 Kb)
  25. Human Capital Mismatches along the Career Path
    Published: 2010
    Publisher:  Univ. [u.a.], Jena

    Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational... more

    Staats- und Universitätsbibliothek Bremen
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    Niedersächsische Staats- und Universitätsbibliothek Göttingen
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 78 (2010.051)
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    Human capital is transferable across occupations, but only to a limited extent because of differences in occupational skill-profiles. Higher skill overlap between occupations renders less of individuals' human capital useless in occupational switches. Current occupational distance measures neglect that differences in skill complexities between occupations yield skill mismatch asymmetric in nature. We propose characterizing occupational switches in terms of human capital shortages and redundancies. This results in superior predictions of individual wages and occupational switches. It also allows identifying career movements up and down an occupational complexity ladder, and assessing the usefulness of accumulated skill-profiles at an individual's current job. -- skill mismatch ; skill transferability ; occupational change ; human capital ; wages

     

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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/56875
    Series: Jena economic research papers ; 2010,051
    Subjects: Humankapital; Erwerbsverlauf; Qualifikation; Matching; Lohn; Arbeitsmobilität; Theorie
    Scope: Online-Ressource (PDF-Datei: 55 S., 681 KB)