authors
- DOLADO LOBREGAD, JUAN JOSE
- JANSEN, MARCEL
- JIMENO, JUAN FRANCISCO
On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers
Articles
Overview
published in
- ECONOMIC JOURNAL Journal
publication date
- February 2009
start page
- 200
end page
- 228
issue
- 534
volume
- 119
Digital Object Identifier (DOI)
International Standard Serial Number (ISSN)
- 0013-0133
Electronic International Standard Serial Number (EISSN)
- 1468-0297
abstract
- This article examines the effects of transitory skill mismatch in a matching model with heterogeneous jobs and workers. In our model, some highly-educated workers may accept unskilled jobs for which they are over-qualified but are allowed to engage in on-the-job search in pursuit of a better job. We show that this feature has 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.