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A search for evidence of skill mismatch in the aftermath of the great recession

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  • J. L. Hotchkiss
  • M. M. Pitts
  • F. Rios-Avila

Abstract

Using matched individual-level data from the Current Population Survey, this article identifies a significant trend shift upwards in schooling among prime-age labour force leavers following the 2008--2009 recession. However, further evidence discredits skill mismatch as an explanation for that trend shift.

Suggested Citation

  • J. L. Hotchkiss & M. M. Pitts & F. Rios-Avila, 2014. "A search for evidence of skill mismatch in the aftermath of the great recession," Applied Economics Letters, Taylor & Francis Journals, vol. 21(9), pages 587-592, June.
    • Handle: RePEc:taf:apeclt:v:21:y:2014:i:9:p:587-592
    DOI: 10.1080/13504851.2013.870645
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    References listed on IDEAS

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    1. Donald W. K. Andrews, 2003. "Tests for Parameter Instability and Structural Change with Unknown Change Point: A Corrigendum," Econometrica, Econometric Society, vol. 71(1), pages 395-397, January.
    2. Jesse Rothstein, 2012. "The Labor Market Four Years into the Crisis: Assessing Structural Explanations," ILR Review, Cornell University, ILR School, vol. 65(3), pages 467-500, July.
    3. Robert Shimer, 2012. "Reassessing the Ins and Outs of Unemployment," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 15(2), pages 127-148, April.
    4. Andrews, Donald W K, 1993. "Tests for Parameter Instability and Structural Change with Unknown Change Point," Econometrica, Econometric Society, vol. 61(4), pages 821-856, July.
    5. Arjun Jayadev & Michael Konczal, 2011. "The stagnant labor market: some aspects of the bleak picture," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 33(3), pages 435-450, April.
    6. Julie L. Hotchkiss & M. Melinda Pitts & Fernando Rios-Avila, 2012. "A closer look at nonparticipants during and after the Great Recession," FRB Atlanta Working Paper 2012-10, Federal Reserve Bank of Atlanta.
    7. Atif R. Mian & Amir Sufi, 2012. "What explains high unemployment? The aggregate demand channel," NBER Working Papers 17830, National Bureau of Economic Research, Inc.
    8. Murat Tasci & Saeed Zaman, 2010. "Unemployment after the recession: a new natural rate?," Economic Commentary, Federal Reserve Bank of Cleveland, issue Sep.
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    Cited by:

    1. Julie L. Hotchkiss & Robert E. Moore & Fernando Rios‐Avila, 2015. "Reevaluation of the Employment Impact of the 1996 Summer Olympic Games," Southern Economic Journal, John Wiley & Sons, vol. 81(3), pages 619-632, January.
    2. Sun, Ting & Bian, Xuezi & Liu, Jianxu & Wang, Rui & Sriboonchitta, Songsak, 2023. "The economic and social effects of skill mismatch in China: A DSGE model with skill and firm heterogeneity," Economic Modelling, Elsevier, vol. 125(C).

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