This paper analyzes the effect of educational mismatch on wages, using a rich panel dataset of workers in the major …, we find that the wages of people aged under 35 basically depend on the level of education attained, while those of …

training induce higher wages within jobs, and with future employers, even conditional on the future employer type. Because …

wages for 26 European economies. To ease comparisons we make use of the European Union Statistics on Income and Living … Conditions inquiry released in 2009. The premium is found to be higher at the right tail of the distribution of wages, suggesting …

This paper studies the effect of mandated severance pay in a matching model featuring wage rigidity for ongoing, but …

stated that matching efficiency decreased. Using a new decomposition method, combined with detailed labour market flow data …, we are the first to disentangle supply-side, demand-side and matching factors, which could potentially cause a shift in … the shift in the Beveridge curve after 2014 was mainly caused by a decrease in matching efficiency, indicating a rising …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model - even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …

How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and … estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual … wages. We find that firms value cognitive skills on average almost twice as much as interpersonal and manual skills, and …