Labour Market Tightness and Matching Efficiency in Different Labour Market Segments – Do Differences in Education Matter?

Alka Obadić and Viljevac Viktor ()
Additional contact information
Viljevac Viktor: mr. sc., Research and teaching assistant, Faculty of Economics & Business Zagreb, University of Zagreb, Country: Croatia

South East European Journal of Economics and Business, 2024, vol. 19, issue 1, 1-17

Abstract: This paper analyses the existing educational structures of selected EU member countries and their alignment with the labour market (LM) needs. This study aims to identify potential structural mismatches between the skills taught in schools and universities and the skills and knowledge required in the workplace. To evaluate this educational mismatch, the paper explores the matching needs of employers and unemployed job seekers by using disaggregated national employment office data. The paper examines the selected group of EU countries (AT, HR, EE, SI, ES) from 2010 to 2022, using the Beveridge curves and estimating LM tightness and matching efficiency for different education groups. The results show that differences in education levels result in relatively small deviations from aggregate trends in the LM. Aggregate LM trends strongly impact all education groups in the labour market.

Keywords: structural unemployment; Beveridge curve; matching efficiency; labour market tightness; EU countries (search for similar items in EconPapers)
JEL-codes: J21 J22 J23 J63 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://doi.org/10.2478/jeb-2024-0001 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:seejeb:v:19:y:2024:i:1:p:1-17:n:1001

DOI: 10.2478/jeb-2024-0001

Access Statistics for this article

South East European Journal of Economics and Business is currently edited by Adnan Efendic, Vesna Babić-Hodović and Aziz Šunje

More articles in South East European Journal of Economics and Business from Sciendo
Bibliographic data for series maintained by Peter Golla ().