Job Markets that Work: Challenges of Match-Making in an Emerging Economy

27 Pages Posted: 26 Apr 2015

See all articles by Tarun Jain

Tarun Jain

Indian School of Business (ISB), Hyderabad

Priyanka Sarda

Indian School of Business (ISB), Hyderabad

Date Written: April 22, 2014

Abstract

Despite two decades of high economic growth and a growing supply of young, educated workers, the Indian economy faces considerable challenges in matching the right kinds of workers with the right kinds of jobs. Drawing heavily on the latest economics research, this paper examines the reasons behind these challenges, focusing on asymmetric information and the mismatch in geography and skills. We suggest remedies, either in the form of market innovation or state policy.

Keywords: job markets, India

Suggested Citation

Jain, Tarun and Sarda, Priyanka, Job Markets that Work: Challenges of Match-Making in an Emerging Economy (April 22, 2014). Available at SSRN: https://ssrn.com/abstract=2597549

Tarun Jain (Contact Author)

Indian School of Business (ISB), Hyderabad ( email )

Priyanka Sarda

Indian School of Business (ISB), Hyderabad ( email )

Hyderabad, Gachibowli 500 019
India

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