Job Polarization, Skill Mismatch and the Great Recession

Zago, Riccardo

doi:10.2139/ssrn.3544689

Cited by 10 publications

(6 citation statements)

References 25 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…(2021) suggest that technological changes lead to skill upgrading, especially for high-skilled workers, but not for medium and low-skilled jobs. A similar conclusion is drawn by Sparreboom and Tarvid (2016), who indicate that technological change polarizes jobs, increasing the risk of over- or under-skilling, particularly for medium or low-skilled individuals (Zago, 2020).…”

Section: Related Literature and Theoretical Backgroundsupporting

confidence: 68%

Having your career path decided too early: the effects of high school track on education-occupation mismatch

Botezat,

Incaltarau,

Diac

et al. 2024

IJM

View full text Add to dashboard Cite

PurposeThis paper aims to extend the scope of previous studies on education-occupation mismatch to explicitly focus on the role high school track choices have on the risk of being mismatched in the labor market.Design/methodology/approachThe paper uses the most exhaustive available database regarding the early-career paths of university graduates in Romania. Using a novel matching technique, entropy balancing (EB), our study relies on multinomial logit models and logit regressions to estimate the effect of the completed high school track on the likelihood of being mismatched in the labor market. The empirical analysis focuses on two types of education-occupation mismatches: horizontal and vertical mismatches.FindingsWe show that studying a different field in college compared to the completed high school track increases the risk of being skill mismatched in the first job after graduation. Five years after college graduation, the influence of the high school track fades, while being skill mismatched in the first employment plays a more important role. In contrast, we find no evidence that pursuing a college major unrelated to the completed high school track increases the probability of being overeducated. However, being overeducated in the first job increases the risk of being overeducated five years later.Originality/valueThe study brings new reliable evidence on the extent to which high school track choices may contribute to the risk of being mismatched in the labor market.

show abstract

Section: Related Literature and Theoretical Backgroundsupporting

confidence: 68%

Having your career path decided too early: the effects of high school track on education-occupation mismatch

Botezat,

Incaltarau,

Diac

et al. 2024

IJM

View full text Add to dashboard Cite

show abstract

“…For Cappelli (2014), the labour supply in the USA is, in general, overqualified for the demand and the country is not suffering from a structural imbalance whereby the supply does not meet demand due to the unsuitability of qualifications. Furthermore, the unemployment rate in the USA and numerous other developed countries before the COVID-19 pandemic was at historically very low levels, which does not seem to reflect growing structural unemployment, even though this overqualification of the labour supply for low-or medium-skilled jobs could have a long-term impact on employment, as suggested by Zago (2021). 1…”

Section: Factors Of Mismatch In Labour Supply and Demandmentioning

confidence: 99%

Household Inflation Expectations in France: Lessons from a New Survey and the COVID-19 Crisis

Gautier¹,

Montornès²

2022

Ecostat

View full text Add to dashboard Cite

Anticipations d'inflation par les ménages Crise sanitaire et situation financière des ménages Difficultés de recrutement des entreprises Critères de sélection des candidats dans les processus de recrutement Programme de développement rural et attractivité des territoires Covid-19 et baisse de la pollution de l'air : effets de long terme sur la mortalité Household Inflation Expectations Health Crisis and Household Financial Situation Recruitment Difficulties of Companies Selection Criteria of Candidates in Recruitment Processes Rural Development Programme and Attractiveness of Territories COVID-19 and Air Pollution Reduction: Long Term Effects on Mortality

show abstract

“…This is especially important since our results may partially reflect penalties associated with labor market dynamics in the wake of the 2007 financial crisis. Furlanetto & Groshenny (2016) and Zago (2015) find that skill mismatch has increased since the Great Recession.…”

Section: Panel Analysis Of the Effect Of The Matching Score On Wagesmentioning

confidence: 99%

Relevance of Education to Occupation: A New Empirical Approach Based on College Courses

Hadavand¹,

Thomas²,

Almasi³

et al. 2019

Preprint

View full text Add to dashboard Cite

We introduce a new approach to measuring the match between education and occupation by using the number of college courses related to one’s occupation. Previous studies have only considered the match between college “major” and occupation. This approach ignores the content of education and the courses taken in college. We find that taking courses in college that are relevant to one’s occupation is significantly associated with higher wages, which can be taken as evidence against the notion that returns to college are principally a matter of signaling. We further find that performing well in these courses is associated with an even higher wage premium. A student’s wage increases, on average, by 1.6–2.9 percent for each matched course. This effect increases to 2.3–3.8 percent when we use a grade weighted measure of match.

show abstract

Job Polarization, Skill Mismatch and the Great Recession

Cited by 10 publications

References 25 publications

Having your career path decided too early: the effects of high school track on education-occupation mismatch

Having your career path decided too early: the effects of high school track on education-occupation mismatch

Household Inflation Expectations in France: Lessons from a New Survey and the COVID-19 Crisis

Relevance of Education to Occupation: A New Empirical Approach Based on College Courses

Contact Info

Product

Resources

About