ACCOUNTING FOR MISMATCH UNEMPLOYMENT

• 成果类型: Article
• 署名作者: Herz, Benedikt; van Rens, Thijs
• 署名单位: University of Warwick
• 刊物名称: JOURNAL OF THE EUROPEAN ECONOMIC ASSOCIATION
• ISSN/ISSBN: 1542-4766
• DOI: 10.1093/jeea/jvz018
• 发表日期: 2020
• 页码: 1619-1654
• 关键词: sectoral shifts; search; EFFICIENCY; VACANCIES

摘要

We investigate unemployment due to mismatch in the United States over the past three and a half decades. We propose an accounting framework that allows us to estimate the contribution of each of the frictions that generated labor market mismatch. Barriers to job mobility account for the largest part of mismatch unemployment, with a smaller role for barriers to worker mobility. We find little contribution of wage-setting frictions to mismatch.