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Table 8 Skill mismatch under alternative thresholds for job requirements

From: A new measure of skill mismatch: theory and evidence from PIAAC

  Literacy Numeracy
  Under- Well- Over- Under- Well- Over-
  skilled matched skilled skilled matched skilled
Min–maxa 0.087 0.763 0.150 0.082 0.762 0.156
  (0.078) (0.153) (0.086) (0.075) (0.156) (0.090)
1st–99thb 0.087 0.762 0.151 0.082 0.761 0.157
  (0.077) (0.152) (0.085) (0.075) (0.155) (0.090)
2nd–98thc 0.088 0.760 0.152 0.082 0.760 0.158
  (0.076) (0.148) (0.083) (0.074) (0.151) (0.087)
5th–95thd 0.093 0.746 0.162 0.087 0.746 0.167
  (0.072) (0.133) (0.073) (0.070) (0.137) (0.079)
  1. Bootstrapped standard errors in parentheses. See Appendix for details on the bootstrap procedure. Source: OECD Survey of Adult Skills (PIAAC)
  2. aSkill requirements estimated as the minimum and maximum skills of the self-reported well-matched
  3. bSkill requirements estimated as the 1st and 99th percentiles of the skill distribution of the self-reported well-matched
  4. cSkill requirements estimated as the 2nd and 98th percentiles of the skill distribution of the self-reported well-matched
  5. dSkill requirements estimated as the 5th and 95th percentiles of the skill distribution of the self-reported well-matched