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Mismatches in the Spanish Labor Market: Education vs. Competence Match

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  • Lourdes Badillo-Amador
  • Antonio García-Sánchez
  • Luis Vila

Abstract

The accuracy of the match between a worker’s talents, skills, and capabilities and those required by his or her job has seldom been addressed in the empirical literature. However, a number of analyses on the match between workers’ education levels and those required by jobs have been published over the last 10 years. Obviously, the level of formal education completed by workers is more easily observed than their levels of human capital competences. Indeed, the latter would be rather difficult to observe. Nonetheless, this approximation is not straightforward, since formal education is only a mean for the acquisition of some human capital competences. We cross-examine the education match and the competence match between the supply and the demand of labor in Spain with data from 1998. Our results suggest that both types of matches do differ in their incidence, determinants, and wage consequences. Copyright International Atlantic Economic Society 2005

Suggested Citation

  • Lourdes Badillo-Amador & Antonio García-Sánchez & Luis Vila, 2005. "Mismatches in the Spanish Labor Market: Education vs. Competence Match," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 11(1), pages 93-109, February.
  • Handle: RePEc:kap:iaecre:v:11:y:2005:i:1:p:93-109:10.1007/s11294-004-7491-z
    DOI: 10.1007/s11294-004-7491-z
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    3. Bruno Škrinjarić, 2022. "Competence-based approaches in organizational and individual context," Palgrave Communications, Palgrave Macmillan, vol. 9(1), pages 1-12, December.

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    Keywords

    J24; J31;

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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