Skills mismatch, productivity and policies [electronic resource]: Evidence from the second wave of PIAAC / Müge Adalet McGowan and Dan Andrews

By:

Adalet McGowan, Müge

Contributor(s):

Andrews, Dan

Material type: Article

ArticleSeries: OECD Economics Department Working Papers ; no.1403.Publication details: Paris : OECD Publishing, 2017.Description: 25 pSubject(s):

Economics

Other classification:

Online resources:

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Abstract: This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include the countries in the second wave of OECD Survey of Adult Skills, with a special focus on New Zealand. We find that the percentage of workers who are mismatched in terms of skills is 28% in New Zealand, slightly over the OECD average of 25%. The share of over-skilling is at the OECD average of 18%, while the share of under-skilling - at around 10% - is also above the OECD average of 7%. The results suggest that improving the allocation of skills to OECD best practice could be associated with an increase in productivity of around 7% in New Zealand.

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Item type	Home library	Collection	Call number	Status	Date due	Barcode	Item holds
Working Paper	Biblioteca Digital	Colección OECD	OECD 65dab7c6-en (Browse shelf(Opens below))	Not For Loan

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This paper extends earlier OECD work exploring the link between skills mismatch, productivity and policies to include the countries in the second wave of OECD Survey of Adult Skills, with a special focus on New Zealand. We find that the percentage of workers who are mismatched in terms of skills is 28% in New Zealand, slightly over the OECD average of 25%. The share of over-skilling is at the OECD average of 18%, while the share of under-skilling - at around 10% - is also above the OECD average of 7%. The results suggest that improving the allocation of skills to OECD best practice could be associated with an increase in productivity of around 7% in New Zealand.

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