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Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-Term Effects of Graduating in a Recession
mismatch business cycle graduation
2012/10/22
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
Effect of Kitchen Knife Specifically Developed for Children on Skill Learning
kitchen knife children skill learning
2009/8/20
The author had a special kitchen knife made for children with a view to improving proficiency in group lessons of skill learning. When designing the knife, the author paid attention to its size and we...
Rejecting Capital-Skill Complementarity at all Costs
Substitutability Translog Cost Function
2013/10/18
Any serious empirical study of factor substitutability has to allow the data to display complementarity as well as substitutability. The standard approach reflecting this idea is a translog specificat...
Between-group Competition in the Labor Market and the Rising Returns to Skill: US and France 1964-2000
Wage inequality education experience labor supply
2013/10/18
This paper describes the changes in the composition of the labor force in the last 35 years and quantifies the substitution of low education / high experience workers by low experience / high educatio...
Different Skill Levels and Firing Costs in a Matching Model with Uncertainty - An Extension of Mortensen and Pissarides (1994)
Firing costs low-skill unemployment dual labor market vacancies
2013/10/18
A matching model in the line of Mortensen and Pissarides (1994) is augmented with a low- skill labor market and firing costs. It is shown that even with flexible wages unemployment is higher among the...