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037 _5BiblioBoard
245 0 0 _aEIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe
_bA review of the literature /
_cGiorgio Brunello, European Investment Bank, Patricia Wruuck.
_nVolume 2019/5
020 _a9789286142727
024 8 _ahttps://doi.org/10.2867/24044
029 1 _ahttps://library.biblioboard.com/ext/api/media/9faeae9f-d5a2-41fe-845c-51e0a0b58aa8/assets/thumbnail.jpg
040 _aScCtBLL
_cScCtBLL
100 1 _aBrunello, Giorgio
_eauthor.
506 0 _aAccess copy available to the general public.
_fUnrestricted
_2star
700 1 _aEuropean Investment Bank
_eeditor.
700 1 _aWruuck, Patricia
_eauthor.
264 1 _bEuropean Investment Bank,
300 _a1 online resource (1 p.)
490 1 _aEIB Working Papers
520 _aLabour markets are 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. It questions: how the job requirements of individuals can be measured; whether skill shortages stated by employers reflect the lack of suitable candidates or are due instead to the wage and working conditions being offered; what economic costs are posed by skill mismatch and shortages; and how policy can address the issue of skills, including the role of EU policies.
588 0 _aDescription based on print version record.
590 _aKU Open Services
650 7 _aBusiness & Economics / Finance
_2bisacsh
650 0 _aEconomics
655 0 _aElectronic books.
758 _iIs found in:
_aKnowledge Unlatched
_1https://openresearchlibrary.org/module/2774bc74-146a-484f-a7ba-ab1d6a09bbfb
830 0 _aEIB Working Papers
856 4 0 _uhttps://openresearchlibrary.org/content/9faeae9f-d5a2-41fe-845c-51e0a0b58aa8
_zView this content on Open Research Library.
_70
999 _c32548
_d32548