Economic Conditons, Task Shares and Overqualification
Auteurs: Fraser Summerfield
Aperçu
Résumé (français)
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Résumé (anglais)
This article demonstrates that economic conditions affect job match quality by influencing the task shares of available jobs. Cognitive (reasoning/communication) and physical (sensory/coordination) task shares and education-based overqualification measures are generated from Canada?s Labour Force Survey, the Career Handbook, and the Occupational Information Network database. In unfavourable labour markets, cognitive task intensity decreases and physical task intensity rises. The task content of newly formed jobs is then shown to be an important empirical determinant of overqualification. A calibrated search model that accounts for these findings quantifies the costs of increased overqualification. Each percentage point increase in unemployment raises overqualification by 5.8 percentage points, partly due to changes in task shares. Economic output subsequently decreases by about 0.6%.
Détails
Type | Article de journal |
---|---|
Auteur | Fraser Summerfield |
Année de pulication | 2021 |
Titre | Economic Conditons, Task Shares and Overqualification |
Volume | 74 |
Nom du Journal | Oxford Economic Papers |
Numéro | 1 |
Pages | 40-61 |
Langue de publication | Anglais |
- Fraser Summerfield
- Fraser Summerfield
- Economic Conditons, Task Shares and Overqualification
- Oxford Economic Papers
- 74
- 2021
- 1
- 40-61