全球智库信息集成服务系统(G2TT): Multidimensional Skill Mismatch

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w21376
来源ID	Working Paper 21376
	Multidimensional Skill Mismatch
	Fatih Guvenen; Burhanettin Kuruscu; Satoshi Tanaka; David Wiczer
发表日期	2015-07-20
出版年	2015
语种	英语
摘要	What determines the earnings of a worker relative to his peers in the same occupation? What makes a worker fail in one occupation but succeed in another? More broadly, what are the factors that determine the productivity of a worker-occupation match? To help answer questions like these, we propose an empirical measure of multidimensional skill mismatch, which is based on the discrepancy between the portfolio of skills required by an occupation and the portfolio of abilities possessed by a worker for learning those skills. This measure arises naturally in a dynamic model of occupational choice and human capital accumulation with multidimensional skills and Bayesian learning about one’s ability to learn skills. Not only does mismatch depress wage growth in the current occupation, it also leaves a scarring effect—by stunting skill acquisition—that reduces wages in future occupations. Mismatch also predicts different aspects of occupational switching behavior. We construct the empirical analog of our skill mismatch measure from readily available US panel data on individuals and occupations and find empirical support for these implications. The magnitudes of these effects are large: moving from the worst- to the best-matched decile can improve wages by 11% per year for the rest of one’s career.
主题	Macroeconomics ; Consumption and Investment ; Labor Economics ; Labor Supply and Demand ; Labor Compensation
URL	https://www.nber.org/papers/w21376
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/579049
推荐引用方式 GB/T 7714	Fatih Guvenen,Burhanettin Kuruscu,Satoshi Tanaka,et al. Multidimensional Skill Mismatch. 2015.