Shortage of Skills in the Labor Market: Limited Supply, Lack of Demand, or False Signals from Employers?

V. Gimpelson

Voprosy Ekonomiki, 2004, issue 3

Abstract: The article discusses the issue of shortage of skills in the Russian industry. Using microdata from a survey of industrial enterprises, the author confirms that most of employers complain of difficulties in hiring and attaching skilled workers. In case of mass occupations, this shortage relates mostly to low efficient enterprises, which are unable or unwilling to pay competitive market going wage. More efficient and better paying firms are less likely to face shortage of general skills on the labor market but may face limited supply of specific skills.

Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:nos:voprec:y:2004:id:1870

DOI: 10.32609/0042-8736-2004-3-76-94

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