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Education and Training in Europe$
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Giorgio Brunello, Pietro Garibaldi, and Etienne Wasmer

Print publication date: 2007

Print ISBN-13: 9780199210978

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199210978.001.0001

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PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 23 September 2021

Specificity of Skills and Reallocation

Specificity of Skills and Reallocation

Chapter:
(p.111) 6 Specificity of Skills and Reallocation
Source:
Education and Training in Europe
Author(s):

Giorgia Brunello (Contributor Webpage)

Pietro Garibaldi (Contributor Webpage)

Etienne Wasmer

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199210978.003.0007

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.

Keywords:   European Union, macroeconomic shocks, education, skills specialization, reallocation, Poland, Estonia

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