Theoretical and Applied Economics
No. 3 / 2025 (644), Autumn
A PRISMA-based systematic literature review on the mismatches between the Romanian higher education system and the labor market needs
Bucharest University of Economic Studies, Romania
Abstract. As labor markets are dynamic and change rapidly, it is crucial for universities to catch up and align curricula with the required needs so as to produce graduates that can easily enter the workforce and find a suitable job for their qualifications. In Romania, there are some mismatches between the higher education system and the labor market and they are reflected in the number of overeducated or undereducated employees, for one instance, or in graduates’ success in transitioning from university to work. The objective of this systematic literature review is, firstly, to develop one search criteria in order to sort out the most relevant papers on the topic for the database, and, secondly, to conduct qualitative analysis on what has been researched in the last ten years on the given topic of mismatches between the Romanian higher education system and the labor market, what contributes to these mismatches and what possible and feasible solutions there are. Although there is still need for further research concerning Romania’s case, results show that the higher education system is still not funded sufficiently and, in order to align curricula with labor market demands, universities must partner up with the business sector and exchange feedback on a constant basis so as to develop internships and traineeships and programs for lifelong learning, reskilling and career re-orientation.
Contents
Development and implementation of an Activity-Based Costing (ABC) model in private Higher Education Institutions (HEI)
Capital, coal, and change: modelling India's energy substitutability with a translog production framework
Unemployment in Ghana: analyzing the asymmetric effects of export processing zones in dealing with the problem
A PRISMA-based systematic literature review on the mismatches between the Romanian higher education system and the labor market needs
Transition effect from deposit and policy interest rates to credit interest rates in Türkiye: detecting asymmetry
The effect of fiscal decentralization and monetary policy on economic resilience in Indonesia: a panel data
The implications of demographic changes on economic performance – a comparative analysis of RO vs EU 27
Pensions under pressure: economic and demographic drivers of Romania’s public retirement system
Productivity shocks, exchange rate and migration: a new open economy macroeconomics approach
Energy vulnerabilities among Europeans in the Ukrainian war context
Empirical analysis of the relationship between FDI and economic growth in Morocco
Climate-driven monetary policy: a new Keynesian DSGE analysis for Ghana
Monitoring the implementation of the Sustainable Development Goals in Romania
Insurance and sustainable structural transformation: Does renewable energy matter?
Natural resources and the price of freedom. A concise analysis of Ukraine’s natural resources and who wins more from their direct exploitation?
Assessing the macroeconomic impact of fiscal deficit in India: evidence from ARDL approach
Non-linearity and market behavior in the Romanian capital market: a rescaled range analysis of BET index
From adversity to triumph: Türkiye's economic resilience and adaptation strategies amidst disasters
Trust at first reply and how AI-language systems alter human trust calibration
The economic value of data. From data to decisions in the public sector