Data for: Good skills in bad times: Cyclical skill mismatch and the long-term effects of graduating in a recession

Abstract of associated article: 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 loss from graduating in recessions. Using Norwegian data, we find a strong countercyclical pattern of skill mismatch among college graduates. Initial labor market conditions have a declining but persistent effect on match quality and skill mismatch early in their careers. Match quality of the first employment may explain up to half of the short-term and most of the long-term earnings loss from graduating in a recession.关联研究论文摘要：我们证实，周期性技能错配（cyclical skill mismatch）——即大学毕业生所供给的技能与招聘行业所需求的技能之间的错配——是经济衰退期毕业引发持续性职业损失的重要机制。我们采用挪威数据集开展研究，发现大学毕业生群体中存在显著的技能错配反周期性模式。初始劳动力市场环境对毕业生职业生涯早期的匹配质量与技能错配程度具有先衰减但持续存在的影响。首份就业岗位的匹配质量可解释经济衰退期毕业所带来的近半数短期收入损失，以及绝大多数长期收入损失。