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The JPI measures what can be called imbalanced polarization.
At the country-level, we estimate a system of two equations, one for each of the country-level variables gauging imbalanced polarization and mismatch, respectively.
We analysed the relationship between imbalanced polarization and skills mismatch at both the macroeconomic and the microeconomic level.
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A novel job polarization index (JPI) is proposed to measure imbalanced job polarization.
Determinants are divided into two categories: individual-level and macro-level, and imbalanced job polarization is one of the macro-level determinants.
The main result is that imbalanced job polarization decreases mismatch between skills demand and skills supply proxied by level of educational attainment, but there is no statistically significant effect from skills mismatch to imbalanced job polarization.
The main result of the regression analysis at the macroeconomic level is that imbalanced job polarization negatively affects the mismatch between skills demand and skills supply proxied by level of educational attainment, but there is no statistically significant reverse effect.
But the relationship is imbalanced.
Britain is imbalanced.
You're imbalanced.
It's wonderfully imbalanced.
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