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Labour Market Mismatch and Labour Productivity PDF - How To Download

Labour Market Mismatch and Labour Productivity PDF
By:Muge Adalet McGowan
Published on 2015 by


This paper explores the link between skill and qualification mismatch and labour productivity using cross-country industry data for 19 OECD countries. Utilising mismatch indicators aggregated from micro-data sourced from the recent OECD Survey of Adult Skills (PIAAC), the main results suggest that higher skill and qualification mismatch is associated with lower labour productivity, with over-skilling and under-qualification accounting for most of these impacts. A novel result is that higher skill mismatch is associated with lower labour productivity through a less efficient allocation of resources, presumably because when the share of over-skilled workers is higher, more productive firms find it more difficult to attract skilled labour and gain market shares at the expense of less productive firms. At the same time, a higher share of under-qualified workers is associated with both lower allocative efficiency and within-firm productivity - i.e. a lower ratio of high productivity to low productivity firms. While differences in managerial quality can potentially account for the relationship between mismatch and within-firm productivity, the paper offers some preliminary insights into the policy factors that might explain the link between skill mismatch and resource allocation.

This Book was ranked at 8 by Google Books for keyword Accounting Managerial novel.

Book ID of Labour Market Mismatch and Labour Productivity's Books is TXXAnQAACAAJ, Book which was written byMuge Adalet McGowanhave ETAG "m6K9JGDE04Q"

Book which was published by since 2015 have ISBNs, ISBN 13 Code is and ISBN 10 Code is

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