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EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe

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Release : 2019-10-15
Genre : Business & Economics
Kind : eBook
Book Rating : 714/5 ( reviews)

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Book Synopsis EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe by : European Investment Bank

Download or read book EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe written by European Investment Bank. This book was released on 2019-10-15. Available in PDF, EPUB and Kindle. Book excerpt: Labour 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.

Skill Shortages and Skill Mismatch in Europe

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Author :
Release : 2019
Genre :
Kind : eBook
Book Rating : 727/5 ( reviews)

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Book Synopsis Skill Shortages and Skill Mismatch in Europe by :

Download or read book Skill Shortages and Skill Mismatch in Europe written by . This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the recent economic literature on skill mismatch and skill shortages with a focus on Europe. The review starts with a conceptual overview of skill mismatch and skill shortages and how to measure them. An issue discussed in the first section is the measurement of job requirements, i.e. a demand side variable, that some authors compute using surveys of individuals, which typically collect information on the supply side (educational attainment, foundation skills). Individuals, however, do not often have a reliable view of job requirements, and may actually have an incentive to inflate them. Another issue is whether skill shortages stated by employers reflect the lack of suitable candidates among job seekers or are due instead to the wage and working conditions being offered.

Industry 4.0 and Regional Transformations

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Release : 2020-04-07
Genre : Business & Economics
Kind : eBook
Book Rating : 584/5 ( reviews)

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Book Synopsis Industry 4.0 and Regional Transformations by : Lisa De Propris

Download or read book Industry 4.0 and Regional Transformations written by Lisa De Propris. This book was released on 2020-04-07. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume brings together a group of expert contributors to explorebthe opportunities and the challenges that Industry 4.0 (smart manufacturing) is likely to pose for regions, fi rms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems and the increase in reshoring. Industry 4.0 and Regional Transformations captures the complexity of this new manufacturing model in an accessible way and considers its implications for the future. It will be essential reading for advanced students and researchers and policy makers in regional studies, industrial policy, economic geography, innovation studies, operations management and engineering.

Skill Shortages and Skill Mismatch in Europe

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Author :
Release : 2019
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Skill Shortages and Skill Mismatch in Europe by : Giorgio Brunello

Download or read book Skill Shortages and Skill Mismatch in Europe written by Giorgio Brunello. This book was released on 2019. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Human Capital and Production Structure in the Greek Economy

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Release : 2022-09-03
Genre : Business & Economics
Kind : eBook
Book Rating : 381/5 ( reviews)

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Book Synopsis Human Capital and Production Structure in the Greek Economy by : Panagiotis E. Petrakis

Download or read book Human Capital and Production Structure in the Greek Economy written by Panagiotis E. Petrakis. This book was released on 2022-09-03. Available in PDF, EPUB and Kindle. Book excerpt: The role of human capital has diversified considerably in the last 100 years. Today, the prevailing perception seeks a sustainable, integrated development which is based on the triptych of environment, economy, and society. In this mode of development, human capital has a positive effect on the economy, on social cohesion and optimal governance, as well as on the ecological footprint. This book studies the critical role of human capital in the Greek economy and its production structure. In doing so, this book analyzes the Greek labor market, employment, and structural changes, among other facets of this vibrant economy.

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