Skill Mismatch in Labor Markets
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Skill Mismatch in Labor Markets: (45 Research in Labor Economics)

Skill Mismatch in Labor Markets: (45 Research in Labor Economics)


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About the Book

The 2008 global financial and economic crisis led to a significant increase in unemployment rates in most developed economies, yet despite the rising supply of labor, a high share of employers claim that they cannot find the right talent and skills. Concerns that economic restructuring and changing skill needs associated with new technologies and workplace organization practices will not be met by an adequately skilled workforce, has placed the issue of skill mismatch – the incongruence between skill supply and skill demand – high up in the policy agenda. This volume contains eleven original research articles which deal with the linkages between education and skills and the causes and consequences of different types of skill mismatch. Topics include the way graduate jobs can be defined, the labor market decisions and outcomes of graduates, the determinants of the overeducation wage penalty, the determinants and consequences of underskilling, the wage return of skills, the impact of skill mismatch on aggregate productivity, and the role of work-related training and job complexity on skill development.

Table of Contents:
Preface; Solomon W. Polachek, Konstantinos Pouliakas, Giovanni Russo, Konstantinos Tatsiramos To Be or not to Be a Scientist; Arnauld Chevalier  Cross-National Deployment of "Graduate Jobs": Analysis using a new indicator based on high skills use; Golo Henseke, Francis Green  Deconstructing Theories of Overeducation in Europe: A wage decomposition approach; Seamus McGuinness, Konstantinos Pouliakas  The Changing Occupational Distribution by College Major; Michael R. Ransom, Aaron Phipps  Skilled or Educated? Educational reforms, human capital and earnings; Lorenzo Cappellari, Paolo Castelnovo, Daniele Checchi, Marco Leonardi  Labor Market Mismatch and Labor Productivity: Evidence from PIAAC data; Müge Adalet McGowan, Dan Andrews  Much Ado ABout Nothing? The wage penalty of holding a PhD degree but not a PhD position; Giuseppe Lucio Gaeta, Giuseppe Lubrano Lavadera, Francesco Pastore  Rethinking Underskilling in Europe; Ilias Livanos, Imanol Nunez  Are Skills Deficits Always Bad? Towards a learning perspective on skill mismatches; Rolf van der Velden, Dieter Verhaest  Work-Related Learning and Skill Development in Europe: Does initial skill mismatch matter?; Maria Ferreira, Annemarie Künn-Nelen, Andries De Grip  Job Design and Skill Development in the Workplace; Giovanni Russo

About the Author :
Solomon W. Polachek, State University of New York at Binghamton and IZA, Konstantinos Pouliakas, European Centre for the Development of Vocational Training (CEDEFOP), University of Aberdeen and IZA  Giovanni Russo, European Centre for the Development of Vocational Training (CEDEFOP) and IZA  Konstantinos Tatsiramos, University of Nottingham and IZA

Review :
This volume compiles 11 articles on the disparity between skill supply and skill demand in labor markets, examining the link between education and skills and the causes and consequences of different types of skill mismatch, focusing on the ways workers can develop their skills and how workplaces use or not use them. Researchers mainly from Europe consider how graduate jobs can be defined, the labor market decisions and outcomes of graduates, the determinants and consequences of the overeducation wage penalty and underskilling, the wage return of skills, the impact of skill mismatch on aggregate productivity, and the role of work-related training and job complexity in skill development.


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Product Details
  • ISBN-13: 9781787143777
  • Publisher: Emerald Publishing Limited
  • Publisher Imprint: Emerald Publishing Limited
  • Language: English
  • Series Title: 45 Research in Labor Economics
  • ISBN-10: 1787143775
  • Publisher Date: 15 May 2017
  • Binding: Digital download
  • No of Pages: 480


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