In Search of a Better Match: Qualification Mismatches in Developing Asia
This paper examines the extent to which various factors explains talent misallocation in the form of qualification mismatches across six urban developing Asian economies using the World Bank’s Skills towards Employability and Productivity (STEP) Skills Measurement Survey.
This paper empirically tests the role of search frictions in driving qualification mismatches in the labor market. Using new data from several low-income economies in urban Asia we find that overeducation in less developed labor markets are more pervasive than in more developed economies.
- Tables and Figures
- The Role of Search: Empirical Evidence
- Qualification Mismatch and Wages