Output Costs of Education and Skill Mismatch

We propose a simple theory of under- and over-employment. Individuals of high type can perform both skilled and unskilled jobs, but only a fraction of low-type workers can perform skilled jobs. People have different non-pecuniary values over these jobs, akin to a Roy model. We calibrate two versions...

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Bibliographic details
Main Author: Garibaldi, Pietro
Gomes, Pedro Maia
Sopraseuth, Thepthida
Format: Publication
Language: English
Place of publication: Bonn: Institute of Labor Economics (IZA) 01.01.2020
Data of publication: 2020-01-01
Dewey Decimal Classification: 330
Discipline: Economics
Subjects:
Online Access: available in Bonn?
Database: OpenAIRE (Open Access)
OpenAIRE
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