EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe A review of the literature (Volume 2019/5)

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Tác giả: Giorgio Brunello, European Investment Bank, Patricia Wruuck

Ngôn ngữ: eng

ISBN: /doi.org/10.2867/24044

ISBN-13: 978-9286142727

Ký hiệu phân loại:

Thông tin xuất bản: European Investment Bank, 2019

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 343039

 Labour markets are undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt technological developments. For individual Europeans, not having "the right skills" limits employability prospects and access to quality jobs. For Europe at large, persistent skill gaps and mismatches come at economic and social costs. This paper reviews the recent economic literature on skill mismatch and skill shortages, with a focus on Europe. It questions: how the job requirements of individuals can be measured
  whether skill shortages stated by employers reflect the lack of suitable candidates or are due instead to the wage and working conditions being offered
  what economic costs are posed by skill mismatch and shortages
  and how policy can address the issue of skills, including the role of EU policies.
1. Finance
1. 
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