Skill mismatch and the dynamics of Italian companies’ productivity

2021 ◽  
pp. 1-14
Author(s):  
Lucrezia Fanti ◽  
Dario Guarascio ◽  
Matteo Tubiana
Keyword(s):  
World Economy ◽  
2019 ◽  
Vol 42 (6) ◽  
pp. 1740-1773
Author(s):  
Vera Brenčič ◽  
Marko Pahor

2018 ◽  
Vol 39 (8) ◽  
pp. 996-1009 ◽  
Author(s):  
Kea Tijdens ◽  
Miroslav Beblavý ◽  
Anna Thum-Thysen

Purpose The purpose of this paper is to overcome the problems that skill mismatch cannot be measured directly and that demand side data are lacking. It relates demand and supply side characteristics by aggregating data from jobs ads and jobholders into occupations. For these occupations skill mismatch is investigated by focussing on demand and supply ratios, attained vis-à-vis required skills and vacancies’ skill requirements in relation to the demand-supply ratios. Design/methodology/approach Vacancy data from the EURES job portal and jobholder data from WageIndicator web-survey were aggregated by ISCO 4-digit occupations and merged in a database with 279 occupations for Czech Republic, being the only European country with disaggregated occupational data, coded educational data, and sufficient numbers of observations. Findings One fourth of occupations are in excessive demand and one third in excessive supply. The workforce is overeducated compared to the vacancies’ requirements. A high demand correlates with lower educational requirements. At lower occupational skill levels requirements are more condensed, but attainments less so. At higher skill levels, requirements are less condensed, but attainments more so. Educational requirements are lower for high demand occupations. Research limitations/implications Using educational levels is a limited proxy for multidimensional skills. Higher educated jobholders are overrepresented. Practical implications In Europe labour market mismatches worry policy makers and Public Employment Services alike. Originality/value The authors study is the first for Europe to explore such a granulated approach of skill mismatch.


2018 ◽  
Vol 19 (6) ◽  
pp. 1261-1286
Author(s):  
Francesco Berlingieri

Abstract This paper investigates the effect of the size of the local labor market on skill mismatch. Using survey data for Germany, I find that workers in large cities are both less likely to be overqualified for their job and to work in a different field than the one for which they trained. Different empirical strategies are employed to account for the potential sorting of talented workers into more urbanized areas. Results on individuals who have never moved away from the place in which they grew up and fixed effects estimates obtaining identification through regional migrants suggest that sorting does not fully explain the existing differences in qualification mismatch across areas. This provides evidence of the existence of agglomeration economies through better matches. However, lower qualification mismatch in larger cities is found to explain at best a small part of the urban wage premium.


2019 ◽  
Vol 18 (4) ◽  
pp. 342-361
Author(s):  
Kihong Park ◽  
Jesus Hernandez Arce

Abstract Most prior research on labor market mismatch was constrained by the unavailability of data on skill mismatch and also the absence of panel data which would provide controls for unmeasured heterogeneity. This paper makes use of the panel element of Korea Labor & Income Panel Survey (KLIPS) data and identifies the wage effects of educational mismatch and skill mismatch both separately and jointly. It clearly shows that only a small proportion of the wage effect of educational mismatch is accounted for by skill mismatch, suggesting a relatively weak relation between educational mismatch and skill mismatch. In the analysis appropriate panel methodology produces much weaker estimates of the relevant coefficients than the pooled OLS model. This result indicates that unobserved individual-specific characteristics play a substantial role in the way in which mismatch effects are determined.


Author(s):  
Mohd Amirul Rafiq Abu Rahim ◽  
Diana Abdul Wahab ◽  
Rohana Jani ◽  
Nazim Aimran

The chapter discussed the reasons for the labour market vulnerability of youth and the challenges they face amidst the COVID-19 pandemic. While youth have been experiencing unsatisfactory progress in the labour market, the pandemic crisis has worsened it. Challenges in the labour market outcome include higher youth unemployment, financial instability (due to low wages and decrease in monthly income), labour market skill mismatch, low quality of jobs, and difficulties in school-to-work transitions, which threaten to widen the pre-existing challenges. This chapter also discussed remedial actions on policy options and interventions to the labour market to alleviate those challenges. The vulnerability of youths must be identified, heard, and targeted with proper measures to address the challenges that the young workers face in the current labour market.


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