'Are you in the right job?': human capital mismatch in the UK

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Permanent URL for this page: http://hdl.voced.edu.au/10707/594733.

Author: Galanakis, Yannis


This paper examines a problem of worker misallocation into jobs. A theoretical model, allowing for heterogeneous workers and firms, shows that job search frictions generate mismatch between employees and employers. In the empirical analysis, the British Household Panel Survey (BHPS), the UK household Longitudinal Study (UKHLS) and British Cohort Study 1970 (BCS70) data are used to measure the incidence of mismatch, how it changes over time and whether it can be explained by unobserved ability. Results show that: (i) the incidence of mismatch increases after the Great Recession; (ii)...  [+] Show more

Subjects: Skills and knowledge; Employment; Labour market; Outcomes

Keywords: Human capital; Skills mismatch; Education work relationship; Labour mobility; Employment pattern; Longitudinal data; Data analysis; Trend

Geographic subjects: Great Britain; Europe

Published: Essen, Germany: Global Labor Organization (GLO), 2021

Physical description: 59 p.

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Series: GLO discussion paper series; no. 976

Resource type: Discussion paper

Document number: TD/TNC 146.720

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