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Mismatch Versus Derived-Demand Shift as Causes of Labour Mobility

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  • Clive Bull
  • Boyan Jovanovic

Abstract

Labour mobility may be caused by shifts in the derived demand for labour on the part of firms or sectors, or it may be caused by mismatches between workers and their jobs. Both reasons may be important, and this paper merges them into one model. It explores the consequences for (a) wage-tenure relationships and (b) the issue of sluggishness of wages caused by the implied selectivity of workers into preferred jobs and sectors.

Suggested Citation

  • Clive Bull & Boyan Jovanovic, 1988. "Mismatch Versus Derived-Demand Shift as Causes of Labour Mobility," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 55(1), pages 169-175.
    • Handle: RePEc:oup:restud:v:55:y:1988:i:1:p:169-175.
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    Cited by:

    1. Jovanovic, Boyan & Moffitt, Robert, 1990. "An Estimate of a Sectoral Model of Labor Mobility," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 827-852, August.
    2. Robert Gibbons & Lawrence Katz, 1992. "Does Unmeasured Ability Explain Inter-Industry Wage Differentials?," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 59(3), pages 515-535.
    3. Liliane Bonnal & Denis Fougère, 1990. "Les déterminants individuels de la durée du chômage," Économie et Prévision, Programme National Persée, vol. 96(5), pages 45-82.
    4. Tomohiro Machikita, 2005. "Career Crisis? The Impacts of Financial Shock on Entry-Level Labour Market: Experimental Evidences from Thailand in 1997," Hi-Stat Discussion Paper Series d04-79, Institute of Economic Research, Hitotsubashi University.
    5. Richard Prisinzano, 2000. "Investigation of the Matching Hypothesis," Journal of Sports Economics, , vol. 1(3), pages 277-298, August.
    6. Juan A. Cañada Vicinay, 1997. "Les équations hédoniques de salaire et la perception subjective des conditions de travail," Économie et Prévision, Programme National Persée, vol. 131(5), pages 155-174.
    7. Michael Waldman, 1988. "Interpreting Evidence on Returns to Tenure: The Significance of Quasi-Specific Human Capital," UCLA Economics Working Papers 479, UCLA Department of Economics.
    8. Joseph G. Altonji & Nicolas Williams, 1992. "The Effects of Labor Market Experience, Job Seniority, and Job Mobility on Wage Growth," NBER Working Papers 4133, National Bureau of Economic Research, Inc.

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