Skill Mismatch Unemployment

Marianna Kudlyak and Erin Wolcott

No 1408, 2019 Meeting Papers from Society for Economic Dynamics

Abstract: We measure unemployment due to mismatch between the demand and supply of skills using an extended search and matching framework. In our framework, unemployed workers and vacancies meet randomly, but the probability of matching depends on how closely the unemployed worker's skillset aligns with the job requirements. We use data from the CPS, O*NET, and HWOL and find that skill mismatch increased during the Great Recession, but has since returned to pre-recession levels.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed019:1408

Access Statistics for this paper

More papers in 2019 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().