In most industrialised countries, one may observe the tendency for higher educated people to be employed in jobs that used to be occupied by lower skilled people. Although this tendency appears to be a rather general phenomenon, economic literature provides no clear clue about the causes of this...

Until now there has been surprisingly little research on the causes of and the remedies for skills obsolescence. This study tries to fill that gap to some extent by analysing the relation between risk factors and skills obsolescence. Moreover, the role remedies play to counter skills...