Wages

'Are you in the right job?': Human Capital Mismatch in the UK

This paper examines a problem of worker misallocation into jobs. A theoretical model, allowing for heterogeneous workers and firms, shows that job search frictions generate mismatch between employees and employers. In the empirical analysis, the …

Unobserved Productivity and Mismatch: Evidence from the British Cohort Study 1970

This paper examines the intersection of unobserved productivity and mismatch in the British labour market. Using the British Cohort Study 1970 (BCS70) data, individual unobserved heterogeneity is measured by the cognitive and non-cognitive skill test …