Methods of Measuring the Skills Mismatch in the Human Capital Study

Abstract

The analysis of the labour market in terms of available skills, and especially the skills mismatch, has become increasingly important due to potential problems caused by existing asymmetries. Prior to 2010, when data collection for the Human Capital Study was launched, there were no such analytical tools in use in Poland. On the basis of various solutions, we proposed an innovative approach to measuring both skills and skills mismatches, which since has gained wide recognition. In the article, we present this approach along with its extension to measure specific professional skills in specific industries. We discuss its advantages and disadvantages and compare it with other approaches used in this field.

Keywords

• human capital
• skills mismatch
• skills measurement