Skill Shortages and Skill Mismatch in Europe: A Review of the Literature
Giorgio Brunello and
Patricia Wruuck
Additional contact information
Patricia Wruuck: European Investment Bank
No 12346, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
Labour markets are currently in a phase of cyclical recovery and undergoing structural transformation due to globalisation, demographic trends, advancing digital technologies and automation and changes in labour market institutions. Against this background, businesses increasingly report that the limited availability of skills poses an impediment to corporate investment. Genuine skill constraints can negatively affect labour productivity and hamper the ability to innovate and adopt technological developments. For individual Europeans, not having "the right skills" limits employability prospects and access to quality jobs. For Europe at large, persistent skill gaps and mismatches come at economic and social costs. This paper reviews the recent economic literature on skill mismatch and skill shortages with a focus on Europe a focus on Europe.
Keywords: Europe; mismatch; shortages; skill (search for similar items in EconPapers)
JEL-codes: J24 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2019-05
New Economics Papers: this item is included in nep-eec, nep-lma, nep-ltv and nep-tid
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (17)
Published - published in: Journal of Economic Surveys, 2021, 35 (4), 1145-1167
Downloads: (external link)
https://docs.iza.org/dp12346.pdf (application/pdf)
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:iza:izadps:dp12346
Ordering information: This working paper can be ordered from
IZA, Margard Ody, P.O. Box 7240, D-53072 Bonn, Germany
Access Statistics for this paper
More papers in IZA Discussion Papers from Institute of Labor Economics (IZA) IZA, P.O. Box 7240, D-53072 Bonn, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Holger Hinte ().