Skill Mismatch In The Labour Market

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Skill Mismatch In The Labour Market

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Author : Yu Chen
language : en
Publisher:
Release Date : 2016

Skill Mismatch In The Labour Market written by Yu Chen and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with College graduates categories.

This thesis contains three chapters on skill mismatch in the labour market. Chapter 1 provides a theory of ex ante skill mismatch, which we define as a situation where firms create jobs that workers search for and accept, even though they do not make the most productive use of their skills. The core idea is that, in the presence of asymmetric information about workers' outside options, the value of on the job search is higher for workers employed in such jobs. The theory provides new insights into the returns to education as well as the impact of on the job search on labour market mismatch. It also provides an explanation for the declining fortunes of educated American workers in recent decades. Chapter 2 studies a competitive search equilibrium with exogenous skill mismatch, where educated workers apply to routine jobs only if they face a high cost searching for cognitive jobs. The purpose is to examine whether a simple model with exogenous mismatch can explain the adverse labour market outcomes of educated workers. Under a negative shock to routine jobs, the model fails to generate a fall in the employment rate together with a decline in the job-to-job transition rate. Compared to endogenous mismatch equilibrium, an equilibrium with exogenous mismatch does not incorporate the trade-o between job finding rates and wages when unemployed workers choose to search in different job sectors. The comparison suggests that understanding the mechanism of skill mismatch is essential to understanding the labour market outcomes of educated workers. Chapter 3 shows that displacement of high-school workers from routine jobs can be understood as the labour-market response to an adverse selection problem. The adverse selection problem arises because employment contracts do not systematically discriminate against education, even though over-qualified ed workers are relatively more likely to quit routine jobs. The labour market equilibrium distorts the labour market outcomes of high school graduates by in efficiently increasing their wage at the expense of higher unemployment rate, in order to separate them from overqualified ed college graduates. In addition, the labour market response to the adverse selection problem creates a demand for post-secondary vocational education, which is valuable because it acts as an entry barrier that prevents college graduates from using routine jobs as stepping-stones towards better jobs.

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.

Skill Mismatch And Unemployment In Oecd Countries

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Author : Marco Manacorda
language : en
Publisher:
Release Date : 1996

Skill Mismatch And Unemployment In Oecd Countries written by Marco Manacorda and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996 with Skilled labor categories.

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.

Rewards To Skill Supply Skill Demand And Skill Match Mismatch

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Author : Richard Desjardins
language : en
Publisher: Lund University
Release Date : 2014-03-28

Rewards To Skill Supply Skill Demand And Skill Match Mismatch written by Richard Desjardins and has been published by Lund University this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-03-28 with Business & Economics categories.

This book is a collection of three independent but closely related studies. The focus is on the potential causes of skill mismatch, the extent of skill mismatch, the socio-demographic make-up of skill mismatch, and the consequences of skill mismatch in terms of earnings as well as employer sponsored adult education/training. A distinction is made between skill mismatch and education mismatch. All three studies use data from the Adult Literacy and Lifeskills Survey (ALLS) to investigate the relationships between select outcomes and skill supply-demand characteristics as well as their interactions which materialize into skill match-mismatch situations. The dataset contains direct measures of literacy skills as well as measures of the use of these skills at work which allow for a direct measure of literacy match-mismatch. The analysis points to the complex ways in which mismatch is generated and the need for an accurate and up to date measure of mismatch, one that reflects the possibilities for skill gain and skill loss over the lifespan, and reflects differences in the quality of qualifications. It also emphasizes that addressing mismatch requires a careful consideration of both the demand and supply sides of the labour market, so as to understand better the variety of factors which may have a negative impact on the effectiveness of skill formation, skill maintenance, and also skill use. Among the key findings: Skill demand characteristics appear to be as important as skill supply characteristics in explaining observed variation in earnings. There is a substantive association between the requirement to read at work and earnings, which is independent of whether individuals have high or low levels of literacy proficiency. Premiums associated with literacy skills are strongest in occupation types where they are most relevant, but premiums associated with the requirement to use those skills are nevertheless found to be strong within all occupational groups. The requirement to read at work seems to have a strong association with the incidence of participation in employer supported adult education/training. This has important implications for understanding better the relationship between how work is organized and the decision to further invest in human capital.

Skills For The Labor Market In Indonesia

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Author : Emanuela Di Gropello
language : en
Publisher: World Bank Publications
Release Date : 2011

Skills For The Labor Market In Indonesia written by Emanuela Di Gropello and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011 with Business & Economics categories.

In Indonesia, the past two decades have been a time of great progress but also massive transformations and abrupt setbacks. In this context, this book reviews the main characteristics of - and trends in - demand for skills in Indonesia. It seeks to document the existence of a possible skills mismatch between employer demands and the available supply, the contribution of the education and training sector to this mismatch, and possible measures to improve the education and training system's responsiveness to what the labor market and the economy need. In today's job market in Indonesia, there appears to be a premium on theoretical and practical knowledge of the job. While skills do not appear to be yet among the most important constraints for the economy, the situation is different for larger more export-oriented manufacturing firms. Subjective assessments of difficulties of matching needs with available skills provide evidence that skills are becoming an issue overall in Indonesia. The widest gaps across professional profiles are for English and computer skills followed by thinking and behavioral skills. Theoretical and practical knowledge of the job are also considered to be weak. There are important gaps in creativity, computing and some technical skills for young workers. English remains the largest gap. Five general skill related priorities can be highlighted for Indonesia. First, the country needs to improve skill measurement to get a fuller understanding of skill needs and gaps. Second, it is urgent for Indonesia to address the still unsatisfactory quality and relevance of its formal education, including higher education. Third, the country needs to set-up multiple pathways for skill development. Fourth, the country needs to develop an integrated approach to tackle skill development for youth. Fifth, Indonesia should also tackle labor market constraints which affect the skill matching process.

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.

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.

Eu Labour Migration In Troubled Times

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Author : Béla Galgóczi
language : en
Publisher: Routledge
Release Date : 2016-04-22

Eu Labour Migration In Troubled Times written by Béla Galgóczi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-22 with Business & Economics categories.

The debate on the free movement of labour within the EU has gained new momentum in the wake of the economic crisis. Building on the earlier Ashgate publication EU Labour Migration Since Enlargement, the editors have assembled a team of experts from across Europe to shed light on the critical issues raised by internal labour mobility within the EU in the context of economic crisis and labour market pressures. The book's chapters tease out the links between economic developments, regulatory frameworks and migration patterns in different European countries. A central focus is on issues of skills and skills mismatch and how they relate to migration forms, duration and individual decisions to stay or return. Based on detailed analysis of European and national-level sources, the results presented clearly contradict assumptions about a "knowledge driven migration". Rather, over-qualification and the corresponding underutilisation of migrant workers' skills emerge as a pervasive phenomenon. At the same time the characteristics of migrants - not just skills, but socio-demographic characteristics and attitudes - and also their labour market integration are shown to be very diverse and to vary substantially between different sending and receiving countries. This calls for a differentiated analysis and raises complex issues for policymakers. Examples where policy has contributed to positive outcomes for both migrants and domestic workforces are identified. Unique in analysing labour migration flows within the European Union in a comparative manner putting skills into the centre and taking account of the effects of the economic crisis, while addressing policy concerns this is a valuable resource for academics, policymakers and practitioners alike.

Worker Skills And Job Requirements

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Author : Michael Jeremy Handel
language : en
Publisher:
Release Date : 2005

Worker Skills And Job Requirements written by Michael Jeremy Handel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.

Reviews research on levels and trends in the skills workers possess, the skills employers demand, and the evidence for skill shortage. Finds that the skills of American workers are not as weak nor are job requirements changing as rapidly as often claimed. Highlights the need for reliable and representative data on workforce competencies and skill requirements.