Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/17945 
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dc.contributor.authorSchlicht, Ekkeharten
dc.date.accessioned2009-01-28T15:05:07Z-
dc.date.available2009-01-28T15:05:07Z-
dc.date.issued2007-
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
dc.language.isoengen
dc.publisher|aKiel Institute for the World Economy (IfW) |cKielen
dc.relation.ispartofseries|aEconomics Discussion Papers |x2007-22en
dc.subject.jelD43en
dc.subject.jelJ63en
dc.subject.jelJ31en
dc.subject.ddc330en
dc.subject.keywordHiring standardsen
dc.subject.keywordemployment criteriaen
dc.subject.keywordselection wagesen
dc.subject.keywordefficiency wagesen
dc.subject.keywordmobilityen
dc.subject.keywordskillbiased technical changeen
dc.subject.keywordovereducationen
dc.subject.keywordwage dispersionen
dc.titleWage Dispersion and Overqualification as Entailed by Reder Competition-
dc.typeWorking Paperen
dc.identifier.ppn558204988en
dc.rights.licensehttp://creativecommons.org/licenses/by-nc/2.0/de/deed.enen
dc.identifier.repecRePEc:zbw:ifwedp:5727en

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