Journal ArticleDOI
Over-education and earnings: Where are we, where should we go?
TLDR
In this paper, regularities in the incidence of over-and undereducation are outlined, as well as consequences for individual earnings, using empirical studies from five countries spanning an interval of two decades, and the results are confronted with three theoretical models (search, human capital and assignment), but none of these is convincingly related to the specification of the earnings function.About:
This article is published in Economics of Education Review.The article was published on 2000-04-01. It has received 953 citations till now. The article focuses on the topics: Earnings.read more
Citations
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Educational mismatches versus skill mismatches: effects on wages, job satisfaction, and on-the-job search
James Allen,Rolf van der Velden +1 more
TL;DR: The authors examined the relation between educational mismatches and skill mismatches, and found that skill mismatch is much better predictors of job satisfaction and on-the-job search than are educational mismatch.
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Overeducation in the labor market: a meta-analysis
TL;DR: This paper conducted a meta-analysis of studies on overeducation and undereducation in the labor market and found that of the four different definitions of OO distinguished in the literature, only the one based on variation in years of education within occupational groups appears to yield significantly lower than average rates of oO.
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Education and job match: The relatedness of college major and work
TL;DR: This paper examined the relationship between college majors and occupations using data from the National Survey of College Graduates to examine the extent to which workers report that their work activities unrelated to the college major.
Journal ArticleDOI
Measuring Over‐education
TL;DR: The authors found that over-educated workers have lower education credentials than matched graduates and are associated with a pay penalty of 5% to 11% for apparently over-learned workers compared with matched graduates.
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The international transferability of immigrants’ human capital
Barry R. Chiswick,Paul W. Miller +1 more
TL;DR: The authors used the approach in the under/over education literature to analyze the extent of matching of educational level to occupational attainment among adult native born and foreign born men in the US, using the 2000 Census.
References
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Journal ArticleDOI
Changes in Relative Wages, 1963–1987: Supply and Demand Factors
Lawrence F. Katz,Kevin M. Murphy +1 more
TL;DR: A simple supply and demand framework is used to analyze changes in the U.S. wage structure from 1963 to 1987 as discussed by the authors, showing that rapid secular growth in the demand for more-educated workers, "more-skilled" workers, and females appears to be the driving force behind observed changes in wage structure.
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"Overeducation" in the Labor Market
TL;DR: This article examined the reasons for the observed discrepancy between workers' actual and required levels of schooling and the resulting differences in returns to schooling and found that "Overeducated" workers are younger and have lower amounts of on-the-job training than workers with the required level of schooling.
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Human Capital vs. Signalling Explanations of Wages
TL;DR: In this paper, it is shown that higher education is associated with lower propensity to quit or to be absent, less likely to smoke, drink or use illicit drugs, and are generally healthier.
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The incidence and wage effects of overeducation
Greg J. Duncan,Saul D. Hoffman +1 more
TL;DR: This article found that surplus education does have economic value and that the individual return to an additional year of surplus education was positive and significant for all major demographic groups, but the estimated return is only about half the size of the return to required education.