Specificity of Skills and Reallocation

Giorgia Brunello, Pietro Garibaldi, Etienne Wasmer

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

This chapter discusses implications, from a European perspective, of the theory concerning the specificity of skill acquisition. It also discusses how institutions such as those giving employment protection induce workers to specialize more in sectors or occupations, as their expected horizon regarding job security is longer. Evidence of the large labour reallocation that Europe has faced, or is currently facing, both in the Eastern and Western countries, is presented, focusing on Poland and Estonia. The discussion also tackles how one can measure the degree of specificity of skills as well as skill obsolescence in periods of reallocation. The effect of macroeconomic shocks (the transition to a market economy in the early 1990s and European Enlargement in the late 1990s) on Poland and Estonia are also examined.

Original languageEnglish (US)
Title of host publicationEducation and Training in Europe
PublisherOxford University Press
ISBN (Electronic)9780191705786
ISBN (Print)9780199210978
DOIs
StatePublished - May 17 2007

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Keywords

  • Education
  • Estonia
  • European union
  • Macroeconomic shocks
  • Poland
  • Reallocation
  • Skills specialization

ASJC Scopus subject areas

  • Economics, Econometrics and Finance(all)

Cite this

Brunello, G., Garibaldi, P., & Wasmer, E. (2007). Specificity of Skills and Reallocation. In Education and Training in Europe Oxford University Press. https://doi.org/10.1093/acprof:oso/9780199210978.003.0007