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- Title
FORECASTING ADULT SKILLS IN SLOVAKIA: METHODOLOGICAL ISSUES RELATED TO THE UPCOMING PIAAC SURVEY.
- Authors
Nežinský, Eduard
- Abstract
In the current decade, the challenges in the sustainability of public finances associated with an aging population and the environment will be reflected in significant changes in the labor market. Knowing the determinants of labor supply and demand can be of great help in decisions towards the institutional reforms in education that can help close the gap between demand and supply through timely action. Given the global trends of digitization and automation, the quality of human capital is derived from the cognitive abilities of employees. Their measurement in the PIAAC project (OECD) is methodologically compatible with testing students using PISA in the areas of numeracy and literacy. PIAAC projections for 2030 use PISA results as a determinant of cognitive abilities in later life. The declining trend in PISA results determines the deterioration of PIAAC performance across age categories and shifts the focus of the population's cognitive skills towards higher age groups. The forthcoming PIAAC 2022 testing has the potential to better identify trends, compare cohorts over time, and refine forecasts.
- Subjects
SLOVAKIA; PROGRAMME for International Student Assessment; LABOR supply; AGE groups; OLDER people; LABOR demand; ADULTS; HUMAN capital
- Publication
FAR: Forecast, Analysis & Recommendations, 2021, Vol 13, Issue 2, p86
- ISSN
1337-9666
- Publication type
Article
- DOI
10.31577/PPFAR.2021.13.009