Journal article

Skill Mismatch And Overeducation In Transition Economies

Year:

2015

Published in:

IZA World of Labor

Authors:

Skill mismatch
Overeducation
Human capital
Transition economies
Lifelong learning

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.

Other publications by

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International Mobility Of Ukrainian Teaching And Research Professionals

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