Skill Mismatch in Labor Markets

Outline

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 11 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.

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Chapters

• Arnaud Chevalier To Be or Not to Be a Scientist?
• Golo Henseke, Francis Green Cross-National Deployment of “Graduate Jobs”: Analysis Using a New Indicator Based on High Skills Use
• Seamus McGuinness, Konstantinos Pouliakas Deconstructing Theories of Overeducation in Europe: A Wage Decomposition Approach
• Michael R. Ransom, Aaron Phipps The Changing Occupational Distribution by College Major
• Lorenzo Cappellari, Paolo Castelnovo, Daniele Checchi, Marco Leonardi Skilled or Educated? Educational Reforms, Human Capital, and Earnings
• Müge Adalet McGowan, Dan Andrews Labor Market Mismatch and Labor Productivity: Evidence from PIAAC Data
• Giuseppe Lucio Gaeta, Giuseppe Lubrano Lavadera, Francesco Pastore Much Ado about Nothing? The Wage Penalty of Holding a PhD Degree but Not a PhD Job Position
• Ilias Livanos, Imanol Núñez Rethinking Under-Skilling in Europe
• Rolf van der Velden, Dieter Verhaest Are Skill Deficits always Bad? Toward a Learning Perspective on Skill Mismatches
• Maria Ferreira, Annemarie Künn-Nelen, Andries De Grip Work-Related Learning and Skill Development in Europe: Does Initial Skill Mismatch Matter?
• Giovanni Russo Job Design and Skill Development in the Workplace

• Volume Details
• Editors Solomon W. Polachek, Konstantinos Pouliakas, Giovanni Russo, Konstantinos Tatsiramos
• Publication date 11 May 2017
• ISBN 978-1-78714-378-4
• ISSN 0147-9121
• Copyright Holder Emerald Publishing Limited
• doi 10.1108/rlec