Talent mismatch: evidence from Australian administrative tax records (ARC Discovery Project administered by Monash University) (2020–2024)
Abstract:
The project aims to study the skill composition of the Australian workforce. Changes in the macroeconomic and
technology environments make it hard to predict skill shortage. The project expects to develop macroeconomic
models quantifying skill-mismatch of university graduates, identify sources of mismatch, highlight gender and
generational differences, and estimate associated costs to Australia. The expected outcomes are to help shape
policy recommendations on the funding of tertiary education in a changing economic climate. This should provide
significant benefits to Australians, as policies shaping the tertiary education system affect individual income and
the aggregate economy by determining labour supply and taxpayers' financial burden.