| dc.creator |
Schlicht, Ekkehart |
|
| dc.date |
2007 |
|
| dc.date.accessioned |
2013-10-16T06:57:56Z |
|
| dc.date.available |
2013-10-16T06:57:56Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
Economics: The Open-Access, Open-Assessment E-Journal 1 2007-13 1-31 doi:10.5018/economics-ejournal.ja.2007-13 |
|
| dc.identifier |
doi:10.5018/economics-ejournal.ja.2007-13 |
|
| dc.identifier |
http://hdl.handle.net/10419/18011 |
|
| dc.identifier |
ppn:550089241 |
|
| dc.identifier |
http://www.economics-ejournal.org/economics/journalarticles/2007-13 |
|
| dc.identifier |
RePEc:zbw:ifweej:6636 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/18011 |
|
| dc.description |
The expansion of higher education in the Western countries has been accompanied by a marked widening of wage differentials and increasing over-qualification. 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 over-qualification 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 conditions. I present a simple model of Reder competition that depicts wages as driven by labor heterogeneity, rather than scarcity. The mechanism may give rise to a simultaneous increase in wage differentials and over-qualification. |
|
| dc.language |
eng |
|
| dc.publisher |
Kiel Institute for the World Economy (IfW) Kiel |
|
| dc.relation |
economics - The Open-Access, Open-Assessment E-Journal 2007-13 |
|
| dc.rights |
http://creativecommons.org/licenses/by-nc/2.0/de/deed.en |
|
| dc.subject |
D43 |
|
| dc.subject |
J63 |
|
| dc.subject |
J31 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Hiring standards |
|
| dc.subject |
employment criteria |
|
| dc.subject |
selection wages |
|
| dc.subject |
efficiency wages |
|
| dc.subject |
mobility |
|
| dc.subject |
skillbiased technological change |
|
| dc.subject |
heterogeneity-biased technological change |
|
| dc.subject |
over-qualification |
|
| dc.subject |
over-education |
|
| dc.subject |
wage dispersion |
|
| dc.subject |
Reder competition |
|
| dc.subject |
Personalbeschaffung |
|
| dc.subject |
Qualifikation |
|
| dc.subject |
Lohndifferenzierung |
|
| dc.subject |
Überqualifikation |
|
| dc.subject |
Technischer Fortschritt |
|
| dc.title |
Wage Dispersion, Over-Qualification, and Reder Competition |
|
| dc.type |
doc-type:article |
|