Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17945
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dc.creatorSchlicht, Ekkehart-
dc.date2007-
dc.date.accessioned2013-10-16T06:57:30Z-
dc.date.available2013-10-16T06:57:30Z-
dc.date.issued2013-10-16-
dc.identifierhttp://hdl.handle.net/10419/17945-
dc.identifierppn:558204988-
dc.identifierRePEc:zbw:ifwedp:5727-
dc.identifier.urihttp://koha.mediu.edu.my:8181/xmlui/handle/10419/17945-
dc.descriptionThe expansion of higher education in theWestern countries has been accompanied by a marked widening of wage differentials and increasing overqualification. While the increase in wage differentials has been attributed to skill-biased technological change that made advanced skills scarce, this explanation does not fit well with the observed increase in overqualification which suggests that advanced skills are in excess supply. By ?Reder-competition? I refer to the simultaneous adjustment of wage offers and hiring standards in response to changing labor market condition. I present a simple model of Reder competition that reproduces the simultaneous increase in wage differentials and overqualification in response to an increase in education.-
dc.languageeng-
dc.publisherKiel Institute for the World Economy (IfW) Kiel-
dc.relationEconomics Discussion Papers / Institut für Weltwirtschaft 2007-22-
dc.rightshttp://creativecommons.org/licenses/by-nc/2.0/de/deed.en-
dc.subjectD43-
dc.subjectJ63-
dc.subjectJ31-
dc.subjectddc:330-
dc.subjectHiring standards-
dc.subjectemployment criteria-
dc.subjectselection wages-
dc.subjectefficiency wages-
dc.subjectmobility-
dc.subjectskillbiased technical change-
dc.subjectovereducation-
dc.subjectwage dispersion-
dc.titleWage Dispersion and Overqualification as Entailed by Reder Competition-
dc.typedoc-type:workingPaper-
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