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Accounting for Mismatch Unemployment

Thijs van Rens and Benedikt Herz

No 12972, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: 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.

Keywords: Mismatch; Structural unemployment; Worker mobility; Job mobility (search for similar items in EconPapers)
JEL-codes: E24 J61 J62 (search for similar items in EconPapers)
Date: 2018-06
New Economics Papers: this item is included in nep-knm, nep-lab, nep-mac and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Related works:
Journal Article: Accounting for Mismatch Unemployment (2020) Downloads
Working Paper: Accounting for Mismatch Employment (2015) Downloads
Working Paper: Accounting for Mismatch Unemployment (2015) Downloads
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