Occupational mismatch is a highly debated phenomenon in developed countries, but rarely addressed in developing economies. This study investigates the magnitudes of overeducation and overskilling in four Latin American countries in which tertiary education has expanded rapidly (i.e. Chile, Ecuador, Mexico and Peru). Using objective and subjective…

College-educated immigrants in the United States are more likely to have advanced degrees and to major in science, technology, engineering, and math (STEM) fields than their U.S.-born peers with college degrees. But their educational levels have not always translated into occupational gains: They are more likely than U.S.-born workers to be…

As with the previous reports in the series, this new report relies on the rich source of data from the Programme for the International Assessment of Adult Competencies (PIAAC), including direct assessment of literacy and numeracy skills and a host of information on education, income, and other demographic characteristics. But what is unique in…

Extending recent analyses using PISA data, the current study utilises the OECD's Survey of Adult Skills (PIAAC) to test the central claims of knowledge capital theory. PIAAC has a distinct advantage over PISA in that it more directly tests levels of purported 'knowledge capital' across an entire national workforce, rather than offering…

A growing segment of the U.S. workforce -- older workers -- face challenges such as a greater chance of being unemployed for a longer period of time than younger workers and skill obsolescence in contemporary societies. In an age of fast-paced economic and technological change, ongoing investment in human capital in the form of skill training…