Skill mismatch and overeducation in transition economies

Artikel

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2015 ; Bonn: Institute for the Study of Labor (IZA)

Classification and Topics

• Classification: Wirtschaft ; Education and Economic Development ; Labor Economics Policies ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Socialist Systems and Transitional Economies: Factor and Product Markets; Industry Studies; Population
• Subject: overeducation ; skills development ; transition countries

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Kupets, Olga
• Event: Veröffentlichung
• (who): Institute for the Study of Labor (IZA)
• (where): Bonn
• (when): 2015

Further information

• DOI: doi:10.15185/izawol.224
• Handle: http://hdl.handle.net/10419/148449
• Last update: 10.03.2025, 11:43 AM CET