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    Output costs of education and skill mismatch in OECD countries

    Garibaldi, P. and Gomes, Pedro and Sopraseuth, T. (2025) Output costs of education and skill mismatch in OECD countries. Economics Letters , p. 112278. ISSN 0165-1765.

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    Abstract

    We quantify the output costs of education and skills mismatch for 17 OECD economies, using a calibrated model of vertical mismatch. Eliminating the frictions generating mismatch would raise output by 3% to 4% on average, varying between 0.5% to 9% across countries. Although the education and skill mismatch measures are constructed using different methods and differ in size, the output costs are similar between the two measures.

    Metadata

    Item Type: Article
    School: Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School
    Depositing User: Administrator
    Date Deposited: 01 Apr 2025 14:10
    Last Modified: 25 Aug 2025 08:09
    URI: https://eprints.bbk.ac.uk/id/eprint/55332

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