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| Author: | Chevalier, A. |
| Title: | Measuring over-education |
| Journal: | Economica
2003 : AUG, VOL. 70:279, p. 509-531 |
| Index terms: | Education Measurement Skills Workers |
| Language: | eng |
| Abstract: | Previous literature on over-education has assumed homogeneity of workers and jobs. Relaxing these assumptions, it is found that over-educated workers have lower education credentials than matched graduates. Among the over-educated graduates a distinction is made between the apparently over-educated workers, who have similar unobserved skills as matched graduates, and the genuinely over-educated workers, who have a much lower skill endowment. Over-education is associated with a pay penalty of 5-11% for apparently over-educated workers compared with matched graduates and of 22-26% for the genuinely over-educated. |
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