EIB Working Papers 2019/05 - Skill shortages and skill mismatch in Europe PDF Download
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Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286142714
Category : Business & Economics
Languages : en
Pages : 87
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Book Description
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.
Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286142714
Category : Business & Economics
Languages : en
Pages : 87
Get Book Here
Book Description
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.
Author: Lisa De Propris
Publisher: Routledge
ISBN: 0429603584
Category : Business & Economics
Languages : en
Pages : 234
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Book Description
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.
Author: Panagiotis E. Petrakis
Publisher: Springer Nature
ISBN: 3031049381
Category : Business & Economics
Languages : en
Pages : 321
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Book Description
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.
Author: European Investment Bank
Publisher: European Investment Bank
ISBN: 9286144679
Category : Business & Economics
Languages : en
Pages : 634
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Book Description
The Investment Report, issued annually by the European Investment Bank, provides a comprehensive overview and analysis of investment and the financing of investment in the European Union. It combines the exploration of investment trends with in-depth analysis, focusing especially on the drivers and barriers to investment activity. The report leverages on a unique set of databases and survey data, including EIBIS, an annual survey of 13 500 firms in Europe, which focuses on their assessment of investment and investment finance conditions, and which allows analysis with firm balance sheet information. The report provides critical inputs to policy debates on the need for public action on investment, and on the types of intervention that can have the greatest impact.
Author: Derek L. Bosworth
Publisher: Ashgate Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Skill shortages are a recurring problem of the UK economy. During recent cycles, key labour shortages have been present even during recession, intensifying as the economy picks up and preventing the achievement of full economic potential during such periods. This book addresses issues concerning the measurement and scale of recent skill shortages, the causes and consequences of such shortages and the need for more considered, appropriate and better policy responses. The book brings together a number of experts in this area. They examine the lessons to be learnt from the recent high levels of activity and indicate the consequences of failing to take appropriate action during the current recession for growth during the next upturn in the economy. The conclusion of the various authors is that without a more coherent policy approach the UK will never achieve its full growth potential.
Author: the late Felix Büchel
Publisher: Edward Elgar Publishing
ISBN: 9781781957523
Category : Education
Languages : en
Pages : 256
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Book Description
"Overeducation is one of the most important mechanisms for labor market adjustment when there is an excess supply of high-skilled workers. However, there is much debate about the consequences of this phenomena and the short and long term effects for both the overeducated worker and the economy as a whole. This book contributes to our understanding of recent developments in the research on overeducation by providing a detailed overview of the pertinent theoretical and policy issues."
Author: Haydn Shaughnessy
Publisher: Wiley
ISBN: 9780471943815
Category : Business & Economics
Languages : en
Pages : 192
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Book Description
Designed to assist managers in companies of any size to understand the nature of project financing in the new European Community, enabling them to anticipate the requirements of project finance institutions. Coverage includes new sources of project finance, the changing criteria of large project financial organizations, the most popular financing techniques, cross-border projects, Russian privatization, emerging markets and the distribution of resources across the EC. Features numerous case studies of project finance.
Author: Solomon W. Polachek
Publisher: Emerald Group Publishing
ISBN: 1787149218
Category : Business & Economics
Languages : en
Pages : 476
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Book Description
This volume contains original research articles which analyze the linkages between education and skills and the causes and consequences of different types of skill mismatch. The volume yields new insights regarding overeducation, underskilling, graduate jobs, wages returns to skills, aggregate productivity, job complexity and skill development.
Author: Giorgio Brunello
Publisher: Oxford University Press, USA
ISBN: 0199210977
Category : Business & Economics
Languages : en
Pages : 386
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Book Description
Focusing on the accumulation of human capital from two perspectives, through formal education and then professional training, this book provides a summary of the characteristics of education and training in Europe and also asks key questions about the problems with the current educational and training systems.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264429514
Category :
Languages : en
Pages : 532
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Book Description
This edition analyses how trade can contribute to economic diversification and empowerment, with a focus on eliminating extreme poverty, particularly through the effective participation of women and youth. It shows how aid for trade can contribute to that objective by addressing supply-side capacity and trade-related infrastructure constraints, including for micro-, small- and medium-sized enterprises notably in rural areas.
