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Figure 1 illustrates some of the problems associated with measures of mismatch based on educational qualifications.
The behavior of other measures of mismatch is described in Chen et al. (2011) and Lazear and Spletzer (2012).
Other measures of mismatch increased at the onset of the recession but returned to normal levels fairly soon27.
Hence, it allows producing measures of mismatch that are specific to each skill, as workers could use all their skills in some domains and be over-skilled or under-skilled along other dimensions.
This reinforces the view that both measures of mismatch are likely to be very different in nature (see Mavromaras et al. 2010; McGuinness and Sloane 2011), thus justifying their separate analysis with respect to their relationship with immigration status.
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These could be factors such as skill, sectoral, or regional mismatches.7 Thus, an extension of Okun's Law would include measures of mismatches in the regression.
Another approach towards estimating the extent of mismatches is to directly estimate the efficiency of matching in the economy instead of estimating the relation between the unemployment rate and measures of mismatches.
European Social Survey data, which we use for running models of over-/undereducation, do not allow to construct a measure of mismatch based on self-assessment.
Recall that overeducation in high-skill jobs and undereducation in low-skill jobs is undefined when the ISCO-based measure of mismatch is used.
Apart from being a measure of mismatch between skills supply and demand, the SMI can be interpreted as a summary measure of the relative position of labour market groups with different levels of education (that is, a measure of inequality).
7 Using this type of conservative measure of mismatch allows us to mitigate the risk of misclassification, which could arise if two or more occupations with different required levels of education were aggregated up at the 3-digit level.
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measures of inconsistency
arrangements of mismatch
estimates of mismatch
measures of divergence
measures of disparity
measures of discordance
measures of asymmetry
measures of delinquency
measures of well-being
measures of misery
measures of boredom
measures of worklessness
measures of privacy
measures of Expatriation
measures of revenue
measures of knowledge
measures of democratisation
measures of enthusiasm
measures of agreement
measures of greatness
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