Artikel

Skill mismatch and overeducation in transition economies

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.

Sprache
Englisch

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

Klassifikation
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
Thema
overeducation
skills development
transition countries

Ereignis
Geistige Schöpfung
(wer)
Kupets, Olga
Ereignis
Veröffentlichung
(wer)
Institute for the Study of Labor (IZA)
(wo)
Bonn
(wann)
2015

DOI
doi:10.15185/izawol.224
Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Kupets, Olga
  • Institute for the Study of Labor (IZA)

Entstanden

  • 2015

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