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Accounting for Mismatch Employment

Benedikt Herz and Thijs van Rens ()

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: We investigate unemployment due to mismatch in the US over the past three decades. We propose an accounting framework that allows us to estimate the overall amount of mismatch unemployment, as well as the contribution of each of the frictions that caused the mismatch. Mismatch is quantitatively important for unemployment and the cyclical behavior of mismatch unemployment is very similar to that of the overall unemployment rate. Geographic mismatch is driven primarily by wage frictions. Mismatch across industries is driven by wage frictions as well as barriers to job mobility. We find virtually no role for worker mobility frictions.

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: 2015
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https://warwick.ac.uk/fac/soc/economics/research/w ... erp_1205_vanrens.pdf

Related works:
Working Paper: Accounting for Mismatch Unemployment (2019) Downloads
Working Paper: Accounting for Mismatch Unemployment (2018) Downloads
Working Paper: Accounting for Mismatch Employment (2015) Downloads
Working Paper: Accounting for Mismatch Unemployment (2015) Downloads
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