Skill Mismatch and Unemployment in OECD Countries Marco Manacorda

Marco Manacorda and Barbara Petrongolo

Economica, 1999, vol. 66, issue 262, 181-207

Abstract: This paper uses evidence on employment, labour force and wage differentials by education from OECD countries to investigate the characteristics and the consequences of a skill‐biased shift in the structure of labour demand and supply. The empirical analysis shows that there has been some increase in skill mismatch in a few OECD countries over the past two decades, but this has not been a generalized phenomenon. Moreover, the rise in mismatch cannot explain much of the rise in unemployment in continental Europe, while it does explain a significant proportion of the increase in the rate of joblessness in Britain.

Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:bla:econom:v:66:y:1999:i:262:p:181-207

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