Said, R. and Jamaludin, S. and Ismail, N.W. and Nor, N.M. and Yong, Chen Chen (2021) Measuring mismatch unemployment in the Malaysia labour market. International Journal of Economic Policy in Emerging Economies, 14 (3). pp. 227-247. ISSN 17520452, DOI https://doi.org/10.1504/ijepee.2021.114955.
Full text not available from this repository.Abstract
Despite its low unemployment rate, the Malaysia labour market is currently sending signals of mismatch, a misallocation between demand and supply that may occur in the form of educational, skills, geographical, occupational, and industrial mismatches. Failure to identify the right type of mismatches will lead to ineffective policies to solve the unemployment issue. Using matching function, this study aims to calculate the labour mismatch index and measure the contribution of mismatch unemployment to the rise of unemployment rate. Employing various sources of data from the Department of Statistics Malaysia, Ministry of Human Resource Malaysia and Bank Negara Malaysia, this study found the presence of skills mismatch in the Malaysia labour market, with the mismatch index gradually increased from 0.108 in 2007 to 0.273 in 2017. Mismatch unemployment explained at most half of the total observed increase in unemployment rate, signalling severe mismatch in the Malaysia labour market. Copyright © 2021 Inderscience Enterprises Ltd.
| Item Type: | Article |
|---|---|
| Funders: | UNSPECIFIED |
| Uncontrolled Keywords: | Malaysia; Matching models; Mismatch; Unemployment; Vacancies |
| Subjects: | H Social Sciences > H Social Sciences (General) H Social Sciences > HB Economic Theory > Competition. Production. Wealth H Social Sciences > HB Economic Theory > Business cycles. Economic fluctuations H Social Sciences > HJ Public Finance |
| Divisions: | Faculty of Business and Economics Faculty of Business and Economics > Department of Economics and Applied Statistics |
| Depositing User: | Ms Zaharah Ramly |
| Date Deposited: | 27 Nov 2023 06:04 |
| Last Modified: | 27 Nov 2023 06:04 |
| URI: | http://eprints.um.edu.my/id/eprint/35806 |
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