In Search of a Better Match: Qualification Mismatches in Developing Asia
Chua, Kenn; Chun, Natalie | February 2016
Abstract
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. Moreover, frictions related to search costs are a crucial determinant of match quality resulting in socially inefficient talent misallocation. Our findings suggest scope for policy interventions that improve worker-job matches with potential gains to wages and aggregate productivity.
Citation
Chua, Kenn; Chun, Natalie. 2016. In Search of a Better Match: Qualification Mismatches in Developing Asia. © Asian Development Bank. http://hdl.handle.net/11540/8809.ISSN
2313-6537 (Print)
2313-6545 (e-ISSN)
Keywords
Development Challenges
Asian Development Bank
Development Management
Skills Development
Performance Evaluation
Evaluation Methods
Evaluation
Job Evaluation
Staff Development
Job Evaluation
Evaluation
Performance Evaluation
Program Evaluation
The Development Agenda
Staff Development
Skills Development
Asian Development Bank
Results-Based Monitoring And Evaluation
Project Evaluation & Review Technique
Project Evaluation
Program Evaluation
Performance Evaluation
Operations Evaluation
Evaluation Methods
Economic development
Standard of living
Trade development
Employment
Performance appraisal
Needs assessment
Input output analysis
ADB
Employment
Performance appraisal
Project failure
Project impact
Project appraisal
Career development
Vocational training
Labor policy
Manpower policy
Promotions
Career development
Job analysis
Participative management
Grievance procedures
Supervisors
Vocational guidance
Rural manpower policy
Career development
Applications for positions
Affirmative action programs
Labor turnover
Self-evaluation
Supervisors
Cumulative effects assessment
Participatory monitoring and evaluation
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