The effect of educational mismatch on wages for 25 countries

Arbeitspapier

By making use of the Duncan&Hoffman model, the paper estimates returns to educational mismatch using comparable microdata for 25 European countries. Our aim is to investigate the extent to which the main empirical regularities produced by other papers on the subject are confirmed by our data base. On the basis of tests proposed by Hartog&Oosterbeek, we also consider whether the observed empirical patterns are in line with the Mincerian basic human capital model and Thurow’s job competition model. Using Heckman’s sample-selection estimator, we find that results are rather consistent with those found in the literature, and that the job-competition model could be accepted, whereas the Mincerian human capital model could be rejected for most of the countries.

Object Details

• ISBN: 978-963-9796-30-0
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Budapest Working Papers on the Labour Market ; No. BWP - 2008/8

Classification and Topics

• Classification: Wirtschaft ; Labor Force and Employment, Size, and Structure ; Labor Demand ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials
• Subject: job-education matching ; overeducation ; undereducation ; returns to over- and undereducation ; international comparison ; Qualifikation ; Unterbeschäftigung ; Bildungsertrag ; Lohn ; Theorie ; Schätzung ; Europa

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Galasi, Péter
• Event: Veröffentlichung
• (who): Hungarian Academy of Sciences, Institute of Economics
• (where): Budapest
• (when): 2008

Further information

• Handle: http://hdl.handle.net/10419/108438
• Last update: 10.03.2025, 11:41 AM CET