Labor market consequences of the college boom around the world

Artikel

As the number of secondary school graduates rises, many developing countries expand the supply of public and private universities or face pressure to do so. However, several factors point to the need for caution, including weak job markets, low-quality university programs, and job–education mismatches. More university graduates in this context could exacerbate unemployment, underemployment, and overeducation of professionals. Whether governments should regulate the quantity or quality of university programs, however, depends on the specific combination of factors in each country.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2018 ; Bonn: Institute of Labor Economics (IZA)

Classification and Topics

• Classification: Wirtschaft ; Demand and Supply of Labor: General ; Labor Demand ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wages, Compensation, and Labor Costs: Public Policy
• Subject: underemployment ; university professionals ; skilled labor ; overeducation ; higher education ; educational mismatch

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Yamada, Gustavo ; Lavado, Pablo
• Event: Veröffentlichung
• (who): Institute of Labor Economics (IZA)
• (where): Bonn
• (when): 2018

Further information

• DOI: doi:10.15185/izawol.165.v2
• Handle: http://hdl.handle.net/10419/193425
• Last update: 10.03.2025, 11:42 AM CET