Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/178328 
Year of Publication: 
2014
Citation: 
[Journal:] Journal for Labour Market Research [ISSN:] 2510-5027 [Volume:] 47 [Issue:] 3 [Publisher:] Springer [Place:] Heidelberg [Year:] 2014 [Pages:] 205-221
Publisher: 
Springer, Heidelberg
Abstract: 
There are various reasons why less-educated men have higher risks of labor market vulnerability - risks such as being unemployed or, if employed, having only low socioeconomic status. The commonly used argument is that these higher risks result from increased job competition caused by an oversupply of higher educated workers, who displace the less-educated from their jobs. In addition to exploring this argument, we investigate the impact of less-educated men's cognitive skills, their social resources, and the (historically embedded) signaling value of not having educational credentials. We study this impact by using institutional and compositional variations across labor market entry cohorts in the United States. For our analyses, we use the data of the 1974-2008 US General Social Survey (GSS). They show that an oversupply of high-educated workers mainly increases the unemployment risks of the higher-educated themselves. In labor market entry cohorts where the negative selection on parental background of the group of less-educated is more pronounced, the less-educated run a relatively high risk of unemployment.
Subjects: 
Arbeitsmarktrisiko
Qualifikationsniveau
Niedrigqualifizierte
Niedriglohn
beruflicher Status
Wettbewerb
Arbeitskräfteangebot
kognitive Fähigkeit
soziales Netzwerk
soziale Faktoren
Arbeitslose
Statusinkonsistenz
Arbeitsmarktchancen
USA
JEL: 
J20
L14
J24
I24
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.