Score contribution per author:
α: calibrated so average coauthorship-adjusted count equals average raw count
This paper uses evidence on employment, labour force and wage differentials by education from OECD countries to investigate the characteristics and the consequences of a skill‐biased shift in the structure of labour demand and supply. The empirical analysis shows that there has been some increase in skill mismatch in a few OECD countries over the past two decades, but this has not been a generalized phenomenon. Moreover, the rise in mismatch cannot explain much of the rise in unemployment in continental Europe, while it does explain a significant proportion of the increase in the rate of joblessness in Britain.