Overeducation Among Graduates: a cohort view

Harminder Battu · Clive Belfield · Peter J. Sloane

265 citations0/0 files storedEducation Economics

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Labor market dynamics and wage inequality Higher Education and Employability Education and Labor Relations

Abstract

This paper uses a survey of graduates from two cohort years (1985 and 1990) to examine the determinants of overeducation in the UK. We determine whether or not graduates are matched in jobs for which degrees are required. Longitudinal comparisons up to 11 years after graduation permit examination of how the matching process alters over time. The implications of mismatch for job satisfaction and earnings over the career cycle are traced. We find that cross-sectional measures of mismatch obscure significant changes for individuals over time; that the speed of movement into and out of matched work is important; and that both job satisfaction and earnings are significantly adversely affected by mismatch.

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References

1991"Overeducation" in the Labor Market 1981The incidence and wage effects of overeducation 2000The incidence and effects of overeducation in the U.K. graduate labour market 1989The Impact of Surplus Schooling on Earnings: Some Additional Findings 1987Economics of Education: A Review 1993Mismatch in the Spanish Labor Market: Overeducation?1999Overeducation, undereducation and the British labour market

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2004Overeducation, undereducation, and the theory of career mobility 2010Education–occupation mismatch: Is there an income penalty?2010Labour market mismatch among UK graduates: An analysis using REFLEX data 2012Cross-country Differences in Graduate Overeducation 2013Overeducation at the start of the career: Stepping stone or trap?2005Education and skills mismatch in the Italian graduate labour market 2000How Well Can We Measure Graduate Over- Education and Its Effects?

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