中文摘要
本文使用一种技能错配的度量，将工资灵活性与由经济周期中工作质量差异驱动的工资混淆变动分离开来。我首先表明，跳槽者工资的高周期性超出了技能错配的周期性变动。随后，我揭示了技能错配分布中工资周期性的巨大差异。在在职员工中，良好匹配下的工资是非周期性的，而较差匹配下的工资则是顺周期性的，对于资质过剩的员工尤其如此。(JEL E32, J24, J31, J41)
Abstract
This paper uses a measure of skill mismatch to separate wage flexibility from confounding variation in wages driven by differences in job quality over the business cycle. I first show that the high cyclicality of job switchers' wages goes beyond cyclical movements in skill mismatch. Then I uncover large differences in wage cyclicality across the skill mismatch distribution. Among incumbent workers, wages are acyclical in good matches but procyclical in poor matches, in particular for overqualified workers. (JEL E32, J24, J31, J41)