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Good Skills in Bad Times: Cyclical Skill Mismatch and the Long-Term Effects of Graduating in a Recession
mismatch business cycle graduation
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2012/10/22
We show that cyclical skill mismatch, defined as mismatch between the skills supplied by college graduates and skills demanded by hiring industries, is an important mechanism behind persistent career ...
The 1990-91 recession：how bad was the labor market?
labor market 1990-91 recession
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2009/5/4
The most recent recession was milder than earlier postwar contractions, but many labor market measures did not improve until well after the official end of the downturn. This article focuses on demogr...