Arbeitspapier

The Increasing Penalty to Occupation-Education Mismatch

College-educated workers in jobs unrelated to their degree generally receive lower wages compared to well-matched workers. Our analysis of data from the National Survey of College Graduates shows that although the rate of this mismatch declined only slightly (19% to 17%), the wage penalty increased by 51% between 1993 and 2019. Changes in the composition of field of study over time, as well as declining returns to "excess" education above what is required for the occupation both help to explain the increasing penalty, especially for women. Mismatch has become more closely associated with lowerreturn occupations for men but not women.

Sprache
Englisch

Erschienen in
Series: IZA Discussion Papers ; No. 16079

Klassifikation
Wirtschaft
Human Capital; Skills; Occupational Choice; Labor Productivity
Returns to Education
Higher Education; Research Institutions
Wage Level and Structure; Wage Differentials
Thema
education mismatch
field of study
wage penalty

Ereignis
Geistige Schöpfung
(wer)
Cassidy, Hugh
Gaulke, Amanda
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2023

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Cassidy, Hugh
  • Gaulke, Amanda
  • Institute of Labor Economics (IZA)

Entstanden

  • 2023

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