This article provides empirical evidence on the relation between institutional characteristics of labour markets that frame allocation processes, and optimal skill matching at the individual level. We investigate the extent to which skill-based job-worker matches are associated with employment protection legislation (EPL), unemployment benefits,…

Occupational mismatch is a widespread phenomenon among immigrants in many European countries. Mismatch is predominantly measured in terms of formal education ignoring the imperfect comparability of international educational degrees. Exploiting internationally comparable cognitive skill measures from the PIAAC data, we examine whether overeducation…