Title: Accounting for Mismatch Unemployment.
Authors: Herz, Benedikt; Rens, Thijs van
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.
Subjects: UNITED States; UNEMPLOYMENT; OCCUPATIONAL mobility; LABOR market
Publication: Journal of the European Economic Association, 2020, Vol 18, Issue 4, p1619
ISSN: 1542-4766
Publication type: Academic Journal
DOI: 10.1093/jeea/jvz018

Accounting for Mismatch Unemployment.

Herz, Benedikt; Rens, Thijs van