Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/171199
Authors: 
van Rens, Thijs
Rathelot, Roland
Year of Publication: 
2017
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Year:] 2017 [Issue:] 391
Abstract: 
Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for skills were better matched. As a result, skills mismatch between workers (supply) and jobs (demand) commands the ongoing attention of policymakers in many countries. Policies intended to address the persistence of skills mismatch focus on the supply side of the issue by emphasizing worker education and training. However, the role of the demand side, that is, employers’ wage-setting practices, garners comparatively little policy attention.
Subjects: 
skills mismatch
misallocation
productivity
unemployment
wage setting
JEL: 
J24
J42
J62
J64
J31
Persistent Identifier of the first edition: 
Document Type: 
Article

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