Abstract
In this paper the significance of some hypotheses on possible causes of labour supply and demand mismatches is tested on data of the dutch building trades by means of a uv analysis. In contrast with most other uv research this study does not refer to a search-theoretical framework, but focuses on skill differences between labour supply and demand. Three significant causes of labour market frictions appear to be: the development of the skill composition of labour demand, the apprenticeship possibilities and the relatively high wages of older workers. Some other hypotheses show weakly significant results: bumping-down processes, reschooling of unemployed older workers and the development of secondary labour market segments.
Original language | English |
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Pages (from-to) | 182-200 |
Number of pages | 17 |
Journal | De Economist |
Volume | 135 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Jan 1987 |