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Skill Mismatch and Unemployment in OECD Countries Marco Manacorda

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  • Marco Manacorda
  • Barbara Petrongolo

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.

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  • Marco Manacorda & Barbara Petrongolo, 1999. "Skill Mismatch and Unemployment in OECD Countries Marco Manacorda," Economica, London School of Economics and Political Science, vol. 66(262), pages 181-207, May.
    • Handle: RePEc:bla:econom:v:66:y:1999:i:262:p:181-207
    DOI: 10.1111/1468-0335.00164
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