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Matching Workers and Jobs: Cyclical Fluctuations in Match Quality

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Bowlus, Audra J

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Abstract

Using National Longitudinal Survey of Youth data on tenure and wages, this article analyzes the extent to which the level of job mismatching varies over the business cycle and how it is dealt with by the labor market. The author finds significant cyclical variation in job match quality and an internalization of the variation by the labor market through wages. Mismatching occurs more during recessions but is primarily captured in starting wages. The evidence suggests the cyclical phenomenon is one of general mismatching rather than an increased number of stopgap jobs during recessions. Copyright 1995 by University of Chicago Press.

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Publisher Info
Article provided by University of Chicago Press in its journal Journal of Labor Economics.

Volume (Year): 13 (1995)
Issue (Month): 2 (April)
Pages: 335-50
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Handle: RePEc:ucp:jlabec:v:13:y:1995:i:2:p:335-50

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  1. Markus Gangl, 2000. "Education and Labour Market Entry across Europe : The Impact of Institutional Arrangements in Training Systems and Labour Markets," MZES Working Papers 25, MZES. [Downloadable!]
  2. Donggyun Shin & Kwanho Shin, 2003. "Why Are The Wages of Job Stayers Procyclical?," ISER Discussion Paper 0573, Institute of Social and Economic Research, Osaka University. [Downloadable!]
  3. Carneiro, Anabela & Guimaraes, Paulo & Portugal, Pedro, 2009. "Real Wages and the Business Cycle: Accounting for Worker and Firm Heterogeneity," IZA Discussion Papers 4174, Institute for the Study of Labor (IZA). [Downloadable!]
  4. Peter Cappelli, 2002. "Why Do Employers Pay For College?," NBER Working Papers 9225, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Teulings Coen N. & van der Ende, Martin A., 2001. "A Structural Model of Tenure and Specific Investments," CESifo Working Paper Series CESifo Working Paper No. , CESifo Group Munich. [Downloadable!]
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  6. Stefano DellaVigna & M. Daniele Paserman, 2004. "Job Search and Impatience," NBER Working Papers 10837, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  7. Kenneth Beauchemin & Murat Tasci, 2008. "Diagnosing labor market search models: a multiple-shock approach," Working Paper 0813, Federal Reserve Bank of Cleveland. [Downloadable!]
  8. Christopher H. Wheeler, 2005. "Job flows and productivity dynamics: evidence from U.S. manufacturing," Working Papers 2005-017, Federal Reserve Bank of St. Louis. [Downloadable!]
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  9. Márcio Corrêa & Mário Centeno, 2006. "Technological Progress And Average Job Matching Quality," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 166, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics]. [Downloadable!]
  10. Dieter Verhaest & Eddy Omey, 2006. "Discriminating between alternative measures of over-education," Applied Economics, Taylor and Francis Journals, vol. 38(18), pages 2113-2120, October. [Downloadable!] (restricted)
  11. James S. Costain & Michael Reiter, 2003. "Business Cycles, Unemployment Insurance, and the Calibration of Matching Models," Economics Working Papers 872, Department of Economics and Business, Universitat Pompeu Fabra, revised Oct 2006. [Downloadable!]
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  12. Michael Reiter, 2006. "Embodied Technical Change And The Fluctuations Of Wages and Unemployment," Economics Working Papers 980, Department of Economics and Business, Universitat Pompeu Fabra. [Downloadable!]
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