Labour Market Mismatch And Labour Productivity

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Labour Market Mismatch And Labour Productivity

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Author :
language : en
Publisher:
Release Date : 2015

Labour Market Mismatch And Labour Productivity written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

Skill Mismatch In Labor Markets

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Author : Solomon W. Polachek
language : en
Publisher: Emerald Group Publishing
Release Date : 2017-05-15

Skill Mismatch In Labor Markets written by Solomon W. Polachek and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-05-15 with Business & Economics categories.

This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.

Labour Market Mismatch

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Author : Richard Jackman
language : en
Publisher:
Release Date : 1990

Labour Market Mismatch written by Richard Jackman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1990 with Labor market categories.

Labour Market Institutions And Productivity

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Author : Beata Woźniak-Jęchorek
language : en
Publisher: Routledge
Release Date : 2020-10-25

Labour Market Institutions And Productivity written by Beata Woźniak-Jęchorek and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-10-25 with Business & Economics categories.

This book explains the role of formal labour market institutions in keeping the labour utilisation in Central and Eastern Europe above the level characteristic for Western European states. It provides an innovative and enriching take on labour utilisation at large and how various formal labour market institutions can affect the ongoing trend in labour utilisation in a way that is not covered by the extant literature. The impact of labour market institutions on labour market outcomes is analysed throughout 12 chapters, both from a cross-country perspective and in detailed case-studies, by 21 labour market experts from various CEE countries. Most chapters are based on empirical methods yet are presented in an easy-to-follow way in order to make the book also accessible for a non-scientific audience. The volume explores three key questions: How can labour utilisation be increased by labour market institutions? Which CEE countries managed to create a labour market institutional framework beneficial for labour utilisation? How should the labour market institutions in CEE countries be reformed in order to increase labour utilisation? The book argues that the legacy of transition reforms and a centrally planned past is still relevant in explaining common patterns among CEE countries and concludes that increasing the stock of skills accumulated by the employed and improving utilisation of these skills seems to be the first-best solution to increase labour utilisation. The book will be of interest to post-graduate researchers and academics in the fields of labour economics, regional economics, and macroeconomics as well as scholars interested in adopting an institutional analysis approach. Additionally, due to the broader policy implications of the topic, the book will appeal to policymakers and experts interested in labour economics.

Labour Market Skills Endogenous Productivity And Business Cycles

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Author :
language : en
Publisher:
Release Date : 2022

Labour Market Skills Endogenous Productivity And Business Cycles written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.

This paper analyses how labour market heterogeneity affects unemployment, productivity and business cycle dynamics that are relevant for monetary policy. The model matches remarkably well the short and long run dynamics of skilled and unskilled workers. Skill mismatch and skill-specific labour market institutions have three main effects on business cycles and growth dynamics. First, as the composition of labour market skills leads to supply segmentation, the relative scarcity of skilled workers increases the natural rate of unemployment and reduces total factor productivity with long- run effects on the growth rate of output. Second, skill heterogeneity in the labour market generates asymmetric outcomes and amplifies measures of employment, wages and consumption inequality. Finally, the model provides important insights for the Phillips and Beveridge curves. Skill-specific labour market heterogeneity leads to a flattening of the Phillips curve as wages and unemployment are affected differently across skill types. Also, the model generates sideward shifts of the Beveridge curve following business cycle shocks that are related to the degree of skill heterogeneity.

Young People And The Labour Market

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Author : Floro Ernesto Caroleo
language : en
Publisher: Routledge
Release Date : 2017-11-20

Young People And The Labour Market written by Floro Ernesto Caroleo and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-11-20 with Business & Economics categories.

Young people are a vulnerable category of workers, finding themselves in a delicate phase of their working life: their first entry into the labour market. In many European countries, youngsters are unemployed or have difficulty finding and obtaining jobs. This situation has deteriorated particularly after the crises, recessions and stagnation that has impacted European economies in recent years. In addition to the cyclical or crisis impact, structural factors are also very important. Additionally, prolonged crises, as in some Eurozone countries, have transformed a significant part of cyclical unemployment in structural (long term) unemployment. Young People and the Labour Market: A Comparative Perspective explores the condition of young people in the labour market. The authors present new evidence from several countries, with a special focus on Europe, and offer a comparative perspective. They investigate questions such as which structural conditions and labour market institutions guarantee better youth performance, which education systems and school-to-work processes are more effective and in which countries is gender differentiation less of an issue. All of the aforementioned, as well as many other comparisons which the authors make, are significant in helping to facilitate the successful design of labour and education policies. As the first investigation by economists to explore the complexity of this topic, this book will be useful to both economists and sociologists who are interested in the role of young people in the labour market, and the problem of youth unemployment.

Skills Mismatch Productivity In The Eu

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Author :
language : en
Publisher:
Release Date : 2019

Skills Mismatch Productivity In The Eu written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.

This paper analyses different dimensions of skills mismatch (notably ‘macro-economic skills mismatch’, ‘skills shortages’, and ‘on-the-job skills mismatch’) and their empirical relationship with labour productivity. Macro-economic skills mismatch arises when the skills distribution differs between the available workers and those that get hired. Skills shortages occur when employers encounter difficulties to fill their vacancies. On-the-job skills mismatch (overqualification or underqualification) refers to a discrepancy between the qualification level of a jobholder and the requirements for that particular job. Our data suggest that certain types of skills mismatch are indeed on the rise in the EU, notably skills shortages and overqualification. Other types are on a long-term declining trend (e.g. underqualification) or follow more complex patterns over time (e.g. macro-economic skills mismatch). There are also significant differences across EU Member States in the levels of these indicators. We further suggest that theoretical predictions on the relationship between skills mismatch and productivity depend on the dimension of skills mismatch considered. Our empirical analysis suggests a negative relationship between macro-economic skill mismatch and labour productivity and – as a sign of a buoyant economy - a positive relationship between skills shortages and labour productivity. With regard to on-the-job skills mismatch, our data confirm earlier findings from the economic literature: when comparing a mismatched with a well-matched worker within the same occupation, overqualification raises and underqualification reduces productivity. When comparing a mismatched with a well-matched worker within the same qualification level, overqualification reduces and underqualification increases productivity. Our results imply a positive link between skills supply and productivity. However, to realise the full potential of higher skills, skills should be labour market relevant and skilled workers need to be matched with jobs that use these skills. Therefore, upskilling policies should ideally be accompanied by policies that assure quality and labour market relevance of acquired skills, policies that foster a general upgrading of jobs such as business regulations allowing for firm entry, growth, sectoral reallocation, and policies supporting labour mobility and innovation.

Skills And Jobs Mismatches In Low And Middle Income Countries

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Author : Paul Comyn
language : en
Publisher:
Release Date : 2019

Skills And Jobs Mismatches In Low And Middle Income Countries written by Paul Comyn and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Developing countries categories.

Using Job Vacancies To Understand The Effects Of Labour Market Mismatch On Uk Output And Productivity

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Author : Arthur Turrell
language : en
Publisher:
Release Date : 2018

Using Job Vacancies To Understand The Effects Of Labour Market Mismatch On Uk Output And Productivity written by Arthur Turrell and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.

Mismatch in the labour market has been implicated as a driver of the UK's productivity 'puzzle', the phenomenon describing how the growth rate and level of UK productivity have fallen behind their respective pre-Great Financial Crisis trends. Using a new dataset of around 15 million job adverts originally posted online, we examine the extent to which eliminating occupational or regional mismatch would have boosted productivity and output growth in the UK in the post-crisis period. To show how aggregate labour market data hide important heterogeneity, we map the naturally occurring vacancy data into official occupational classifications using a novel application of text analysis. The effects of mismatch on aggregate UK productivity and output are driven by dispersion in regional or occupational productivity, tightness, and matching efficiency. We find, contrary to previous work, that unwinding occupational mismatch would have had a weak effect on growth in the post-crisis period. However, unwinding regional mismatch would have substantially boosted output and productivity relative to their realised paths, bringing them in line with their pre-crisis trends.

The Productivity Inclusiveness Nexus Preliminary Version

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2016-06-27

The Productivity Inclusiveness Nexus Preliminary Version written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-27 with categories.

This report proposes a new comprehensive approach to promote better productivity performance and reduce inequalities.