Discussion paper

DP3466 A Matching Model of Crowding-Out and On-the-Job Search (with an Application to Spain)

This Paper considers a matching model of heterogeneous workers and jobs, which includes on-the-job search. High-educated workers transitorily accept unskilled jobs and continue to search for skilled jobs. We study the implications of this model for the unemployment rates of high and low-educated workers, for the share of mismatched workers and wage inequality both within and between skill groups. The model is used to shed light on the Spanish experience following a large educational upgrading since the mid-eighties.

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Citation

Dolado, J, J Jimeno and M Jansen (2002), ‘DP3466 A Matching Model of Crowding-Out and On-the-Job Search (with an Application to Spain)‘, CEPR Discussion Paper No. 3466. CEPR Press, Paris & London. https://cepr.org/publications/dp3466