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dc.contributor.authorSchlicht, Ekkeharten_US
dc.date.accessioned2009-01-28T15:05:07Z-
dc.date.available2009-01-28T15:05:07Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/17945-
dc.description.abstractThe expansion of higher education in theWestern countries has been accompanied by a marked widening of wage differentials and increasing overqualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this explanation does not fit well with the observed increase in overqualification which suggests that advanced skills are in excess supply. By ?Reder-competition? I refer to the simultaneous adjustment of wage offers and hiring standards in response to changing labor market condition. I present a simple model of Reder competition that reproduces the simultaneous increase in wage differentials and overqualification in response to an increase in education.en_US
dc.language.isoengen_US
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relation.ispartofseriesEconomics Discussion Papers / Institut für Weltwirtschaft 2007-22en_US
dc.subject.jelD43en_US
dc.subject.jelJ63en_US
dc.subject.jelJ31en_US
dc.subject.ddc330en_US
dc.subject.keywordHiring standardsen_US
dc.subject.keywordemployment criteriaen_US
dc.subject.keywordselection wagesen_US
dc.subject.keywordefficiency wagesen_US
dc.subject.keywordmobilityen_US
dc.subject.keywordskillbiased technical changeen_US
dc.subject.keywordovereducationen_US
dc.subject.keywordwage dispersionen_US
dc.titleWage Dispersion and Overqualification as Entailed by Reder Competitionen_US
dc.typeWorking Paperen_US
dc.identifier.ppn558204988en_US
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.en-
dc.identifier.repecRePEc:zbw:ifwedp:5727-
Appears in Collections:Economics: The Open-Access, Open-Assessment E-Journal - Discussion Papers

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