A new measure of skills mismatch: theory and evidence from the Survey of Adult Skills (PIAAC)
Michele Pellizzari and
Anne Fichen
No 10280, CEPR Discussion Papers from C.E.P.R. Discussion Papers
Abstract:
This paper proposes a new measure of skills mismatch that combines information about skill proficiency, self-reported mismatch and skill use. The theoretical foundations underling this measure allow identifying minimum and maximum skill requirements for each occupation and to classify workers into three groups, the well-matched, the under-skilled and the over-skilled. The availability of skill use data further permit the computation of the degree of under and over-usage of skills in the economy. The empirical analysis is carried out using the first wave of the OECD Survey of Adult Skills (PIAAC), allowing comparisons across skill domains, labor market statuses and countries.
Keywords: Mismatch; Skills (search for similar items in EconPapers)
JEL-codes: J0 J20 J24 (search for similar items in EconPapers)
Date: 2014-12
New Economics Papers: this item is included in nep-lab and nep-lma
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Citations: View citations in EconPapers (17)
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Working Paper: A New Measure of Skills Mismatch: Theory and Evidence from the Survey of Adult Skills (PIAAC) (2013) 
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