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Educational Mismatches, Routine Biased Technological Change and Unemployment

其他書名	Evidence From Italy
出版	SSRN, 2020
URL	http://books.google.com.hk/books?id=AXDgzwEACAAJ&hl=&source=gbs_api

註釋This paper investigates the relation between educational mismatches and individual unemployment risk in Italy with a special focus on the role of technological change and labour demand characteristics. A novel dataset obtained merging two surveys (ICP and PLUS) is used to build different measures of educational mismatch and a measure of routine intensity on Italy: the Routine Task Index. The latter takes into account the effect of Routine Biased Technical Change (RBTC) in determining educational mismatches and unemployment risk. The results indicate that overeducation is significantly associated with higher unemployment risk. This effect is explained by RBTC in the case of tertiary educated workers whereas for secondary educated workers the result holds after controlling for the main features of labour demand and supply. In addition, we find a significant association between unemployment risk and mismatches in the field of study for tertiary educated workers. Policy implications stressing the complementary role of demand and supply policies are derived.