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Are Economic Studies Graduates Under-Employed? A Skills Mismatch Study

Author

Listed:
  • Roxana Hatos

    (Research Centre for Competitiveness and Sustainable Development, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

  • Tomina Saveanu

    (Research Centre for Competitiveness and Sustainable Development, Faculty of Economic Sciences, University of Oradea, Oradea, Romania)

Abstract

Skills mismatch is a generic term that refers to various types of imbalances of skills and competencies offered and those needed in the labour market. The concept has become one intensely discussed and subjected to measurements in research amid international concerns about its human resource under-utilization. The article aims to analyse under-employment of economic studies graduates. This is achieved by analysing the results of a professional path survey, with bachelor graduates of Faculty of Economics, University of Oradea, conducted at the end of 2015. Our main research question was: which are the predictors of the over-qualification of University of Oradea. Faculty of Economic Sciences graduates. The analyses show that under-employment of our graduates is not explained by any demographic variables, but solely by employment outside the domain and specialization of education, as well as by number of jobs previously held by respondents.

Suggested Citation

  • Roxana Hatos & Tomina Saveanu, 2016. "Are Economic Studies Graduates Under-Employed? A Skills Mismatch Study," Oradea Journal of Business and Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 27-37, March.
    • Handle: RePEc:ora:jrojbe:v:1:y:2016:i:1:p:27-37
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    File URL: http://ojbe.steconomiceuoradea.ro/volume/001/04.%20Hatos_and_Saveanu.pdf
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    References listed on IDEAS

    as
    1. Arnaud Chevalier & Joanne Lindley, 2009. "Overeducation and the skills of UK graduates," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 172(2), pages 307-337, April.
    2. Allen, Jim & van der Velden, Rolf, 2001. "Educational Mismatches versus Skill Mismatches: Effects on Wages, Job Satisfaction, and On-the-Job Search," Oxford Economic Papers, Oxford University Press, vol. 53(3), pages 434-452, July.
    3. Verhaest, D. & van der Velden, R.K.W., 2010. "Cross-country differences in graduate overeducation and its persistence," ROA Research Memorandum 007, Maastricht University, Research Centre for Education and the Labour Market (ROA).
    4. International Labour Office., 2013. "Global employment trends for youth 2013 : a generation at risk," Global Employment Trends Reports 994816973402676, International Labour Office, Economic and Labour Market Analysis Department.
    5. Anna Kim;Ki-Wan Kim, 2003. "Returns to Tertiary Education in Germany and the UK: Effects of Fields of Study and Gender," MZES Working Papers 62, MZES.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Roxana Hatos & Tomina Gabriela Saveanu & Sorana Saveanu, 2017. "Profiles Of Economic Graduates’ Integration On The Labor Market," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(2), pages 74-84, December.
    2. Csaba Csintalan & Alina Badulescu, 2017. "Unemployment, Neets And The Social Role Of Education In Europe," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 97-105, July.

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    More about this item

    Keywords

    employment; skills mismatch; labour market integration; economic studies graduates; Oradea;
    All these keywords.

    JEL classification:

    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure

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