scholarly journals Output Costs of Education and Skill Mismatch

2020 ◽  
Author(s):  
Pietro Garibaldi ◽  
Pedro M. Gomes ◽  
Thepthida Sopraseuth
Keyword(s):  
Skill Mismatch ◽  
Output Costs

scholarly journals How Bad Are Twins? Output Costs of Currency and Banking Crises

2005 ◽  
Vol 37 (4) ◽  
pp. 725-752 ◽  
Author(s):  
Michael M. Hutchison ◽  
Ilan Noy
Keyword(s):  
Banking Crises ◽  
Output Costs

Exporting, demand for skills and skill mismatch: Evidence from employers' hiring practices

World Economy ◽  
2019 ◽  
Vol 42 (6) ◽  
pp. 1740-1773
Author(s):  
Vera Brenčič ◽  
Marko Pahor
Keyword(s):  
Hiring Practices ◽  
Skill Mismatch

Skill mismatch comparing educational requirements vs attainments by occupation

2018 ◽  
Vol 39 (8) ◽  
pp. 996-1009 ◽  
Author(s):  
Kea Tijdens ◽  
Miroslav Beblavý ◽  
Anna Thum-Thysen
Keyword(s):  
High Demand ◽  
Skill Levels ◽  
Employment Services ◽  
Policy Makers ◽  
Demand And Supply ◽  
Skill Mismatch ◽  
Content Type ◽  
Educational Requirements ◽  
Occupational Skill ◽  
Practical Implications

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.

scholarly journals Local labor market size and qualification mismatch

2018 ◽  
Vol 19 (6) ◽  
pp. 1261-1286
Author(s):  
Francesco Berlingieri
Keyword(s):  
Labor Market ◽  
Fixed Effects ◽  
Agglomeration Economies ◽  
Market Size ◽  
Local Labor Market ◽  
Skill Mismatch ◽  
Large Cities ◽  
Urban Wage Premium ◽  
Urbanized Areas ◽  
The One

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.

scholarly journals The need for official reserves in Latin America: assessing the precautionary motive, 1995-2011

2015 ◽  
Vol 34 (65) ◽  
pp. 327-347
Author(s):  
Moritz Cruz
Keyword(s):  
Latin America ◽  
Foreign Exchange ◽  
Latin American ◽  
International Reserves ◽  
Main Concern ◽  
Monetary Authorities ◽  
Precautionary Motive ◽  
Latin American Countries ◽  
Output Costs

In this paper we estimate the demand for official reserves in Latin America during the period 1995-2011. We assume that the main concern of the monetary authorities to demand reserves is the fear of suffering external drains, and its associated output costs. In other words, we attempt to show that the so-called precautionary motive drives the demand for international reserves in the region. Our econometric results confirm that Latin American countries demand ever increasing amounts of foreign exchange to protect themselves against the likelihood of external drains.

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