Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/110086
Authors: 
Herz, Benedikt
van Rens, Thijs
Year of Publication: 
2015
Series/Report no.: 
IZA Discussion Papers 8884
Abstract: 
We investigate unemployment due to mismatch in the US over the past three decades. We propose an accounting framework that allows us to estimate the overall amount of mismatch unemployment as well as the contribution of the frictions that caused the mismatch. Mismatch is quantitatively important for unemployment and the cyclical behavior of mismatch unemployment is very similar to that of the overall unemployment rate. Geographic mismatch is driven primarily by wage frictions. Mismatch across industries is driven by wage frictions as well as barriers to job mobility. We find virtually no role for worker mobility frictions.
Subjects: 
mismatch
structural unemployment
worker mobility
job mobility
JEL: 
E24
J61
J62
Document Type: 
Working Paper

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