This paper proposes a new measure of skills mismatch that combines information about skill
proficiency, self-reported mismatch and skill use. The theoretical foundations underling this
measure allow identifying minimum and maximum skill requirements for each occupation and
to classify workers into three groups, the well-matched, the under-skilled and the over-skilled.
The availability of skill use data further permit the computation of the degree of under and overusage
of skills in the economy. The empirical analysis is carried out using the first wave of the
OECD Survey of Adult Skills (PIAAC) and the findings are compared across skill domains,
labour market status and countries.
A New Measure of Skills Mismatch
Theory and Evidence from the Survey of Adult Skills (PIAAC)
Working paper
OECD Social, Employment and Migration Working Papers
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Abstract
In the same series
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Working paper27 September 2024
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11 March 2024