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Rethinking the skills gap
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Rathelot, Roland and Van Rens, Thijs (2017) Rethinking the skills gap. IZA World of Labor, 2017 . 391. doi:10.15185/izawol.391 ISSN 2054-9571.
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Official URL: https://doi.org/10.15185/izawol.391
Abstract
Evidence suggests that productivity would be much higher and unemployment much lower if the supply of and demand for skills were better matched. As a result, skills mismatch between workers (supply) and jobs (demand) commands the ongoing attention of policymakers in many countries. Policies intended to address the persistence of skills mismatch focus on the supply side of the issue by emphasizing worker education and training. However, the role of the demand side, that is, employers’ wage-setting practices, garners comparatively little policy attention.
Item Type: | Journal Article | ||||||
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Subjects: | H Social Sciences > HD Industries. Land use. Labor | ||||||
Divisions: | Faculty of Social Sciences > Economics | ||||||
Library of Congress Subject Headings (LCSH): | Wages, Employees -- Training of, Labor supply -- Effect of education on, Industrial productivity | ||||||
Journal or Publication Title: | IZA World of Labor | ||||||
Publisher: | IZA | ||||||
ISSN: | 2054-9571 | ||||||
Official Date: | 31 October 2017 | ||||||
Dates: |
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Volume: | 2017 | ||||||
Article Number: | 391 | ||||||
DOI: | 10.15185/izawol.391 | ||||||
Status: | Peer Reviewed | ||||||
Publication Status: | Published | ||||||
Access rights to Published version: | Open Access (Creative Commons) | ||||||
Date of first compliant deposit: | 8 February 2018 | ||||||
Date of first compliant Open Access: | 9 February 2018 | ||||||
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