Searching for STARs: Work Experience as a Job Market Signal for Workers without Bachelor's Degrees / Peter Q. Blair, Tomas G. Castagnino, Erica L. Groshen, Papia Debroy, Byron Auguste, Shad Ahmed, Fernando Garcia Diaz, Cristian Bonavida.
Material type:![Text](/opac-tmpl/lib/famfamfam/BK.png)
- E24 - Employment • Unemployment • Wages • Intergenerational Income Distribution • Aggregate Human Capital • Aggregate Labor Productivity
- I24 - Education and Inequality
- J11 - Demographic Trends, Macroeconomic Effects, and Forecasts
- J24 - Human Capital • Skills • Occupational Choice • Labor Productivity
- O15 - Human Resources • Human Development • Income Distribution • Migration
- Hardcopy version available to institutional subscribers
Item type | Home library | Collection | Call number | Status | Date due | Barcode | Item holds | |
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Working Paper | Biblioteca Digital | Colección NBER | nber w26844 (Browse shelf(Opens below)) | Not For Loan |
March 2020.
The demand for a skilled workforce is increasing even faster than the supply of workers with college degrees - the result: rising wage inequality by education levels, and firms facing a skills gap. While it is often assumed that increasing the number of college graduates is required to fill this gap, this paper explores the extent to which workers without BA college degrees can help fill this gap. To find workers without BA degrees who are potentially skilled through alternative routes (STARs), we use data on the skill requirements of jobs to compute the "skill distance" between a worker's current occupation and higher wage occupations with similar skill requirements in their local labor market. Based on our calculations, of the 16 million non-college educated workers with skills for high-wage work (> twice median earnings), 11 million whom we term "Rising STARs" are currently employed in middle-to low-wage work. We propose a general taxonomy for STARs to identify potential job transitions to higher wage work within their current earnings category and across earnings categories.
Hardcopy version available to institutional subscribers
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