Educational Mismatch and Skill Mismatch in the Youth Labor Market:

مرکز و کتابخانه مطالعات اسلامی به زبان های اروپایی

منو

" Educational Mismatch and Skill Mismatch in the Youth Labor Market: "
Kihong Park, Jesus Hernandez Arce, Kihong Park, et al.

Document Type	:	AL
Record Number	:	1063557
Doc. No	:	LA107186
Call No	:	‭10.1163/15692108-12341435‬
Language of Document	:	English
Main Entry	:	Jesus Hernandez Arce
	:	Kihong Park
Title & Author	:	Educational Mismatch and Skill Mismatch in the Youth Labor Market: [Article] : Panel Evidence from South Korea\ Kihong Park, Jesus Hernandez Arce, Kihong Park, et al.
Publication Statement	:	Leiden: Brill
Title of Periodical	:	African and Asian Studies
Date	:	2019
Volume/ Issue Number	:	18/4
Page No	:	342–361
Abstract	:	Most prior research on labor market mismatch was constrained by the unavailability of data on skill mismatch and also the absence of panel data which would provide controls for unmeasured heterogeneity. This paper makes use of the panel element of Korea Labor & Income Panel Survey (KLIPS) data and identifies the wage effects of educational mismatch and skill mismatch both separately and jointly. It clearly shows that only a small proportion of the wage effect of educational mismatch is accounted for by skill mismatch, suggesting a relatively weak relation between educational mismatch and skill mismatch. In the analysis appropriate panel methodology produces much weaker estimates of the relevant coefficients than the pooled OLS model. This result indicates that unobserved individual-specific characteristics play a substantial role in the way in which mismatch effects are determined. Most prior research on labor market mismatch was constrained by the unavailability of data on skill mismatch and also the absence of panel data which would provide controls for unmeasured heterogeneity. This paper makes use of the panel element of Korea Labor & Income Panel Survey (KLIPS) data and identifies the wage effects of educational mismatch and skill mismatch both separately and jointly. It clearly shows that only a small proportion of the wage effect of educational mismatch is accounted for by skill mismatch, suggesting a relatively weak relation between educational mismatch and skill mismatch. In the analysis appropriate panel methodology produces much weaker estimates of the relevant coefficients than the pooled OLS model. This result indicates that unobserved individual-specific characteristics play a substantial role in the way in which mismatch effects are determined.
Descriptor	:	educational mismatch
Descriptor	:	Korea
Descriptor	:	labor market mismatch
Descriptor	:	skill mismatch
Descriptor	:	wages
Location & Call number	:	‭10.1163/15692108-12341435‬