A matching model of crowding-out and on-the-job search (with an application to Spain)

  1. Dolado, Juan José
  2. Jansen, Marcel
  3. Jimeno Serrano, Juan Francisco
Revista:
Documentos de trabajo. Economic series ( Universidad Carlos III. Departamento de Economía )

Año de publicación: 2002

Número: 28

Tipo: Documento de Trabajo

Resumen

This paper considers a matching model of heterogenous 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 nequality 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.