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| Author: | Manacorda, M. Petrongolo, B. |
| Title: | Skill mismatch and unemployment in OECD countries |
| Journal: | Economica
1999 : MAY, VOL. 66:262, p. 181-207 |
| Index terms: | ECONOMICS UNEMPLOYMENT SKILLS UTILIZATION |
| Language: | eng |
| Abstract: | This paper uses evidence on unemployment, labour force and wage differentials by education from OECD countries to investigate the characteristics and the consequences of a skill-biased shift in the structure of labour demand and supply. The empirical analysis shows that there has been some increase in skill mismatch in a few OECD countries over the past two decades, but this has not been a generalized phenomenon. Moreover, the rise in mismatch cannot explain much of the rise in unemployment in continental Europe, while it does explain a significant proportion of the increase in the rate of joblessness in Britain. |
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