Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/148449
Authors: 
Kupets, Olga
Year of Publication: 
2015
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2015 [Issue:] 224
Abstract: 
Large imbalances between the supply and demand for skills in transition economies are driven by rapid economic restructuring, misalignment of the education system with labor market needs, and underdeveloped adult education and training systems. The costs of mismatches can be large and long-lasting for workers, firms, and economies, with long periods of overeducation implying a loss of human capital for individuals and ineffective use of resources for the economy. To make informed decisions, policymakers need to understand how different types of workers and firms are affected by overeducation and skill shortages.
Subjects: 
overeducation
skills development
transition countries
JEL: 
I25
J08
J24
P23
Persistent Identifier of the first edition: 
Document Type: 
Article

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