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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The incidence of and returns to 'overeducation'
T2 - PIAAC evidence on the G7
AU - Johnes, Geraint
PY - 2019/3/21
Y1 - 2019/3/21
N2 - PIAAC data are used to evaluate the extent of overeducation in G7 countries. Incidence of overeducation is seen to vary systematically with a number of demographic characteristics. The impact of overeducation on remuneration is then estimated using quantile regression. This impact is observed to be minor, suggesting that while some individuals have qualifications in excess of those required to undertake their job, their additional human capital is nonetheless rewarded. Care therefore needs to be taken in interpreting measures of overeducation.
AB - PIAAC data are used to evaluate the extent of overeducation in G7 countries. Incidence of overeducation is seen to vary systematically with a number of demographic characteristics. The impact of overeducation on remuneration is then estimated using quantile regression. This impact is observed to be minor, suggesting that while some individuals have qualifications in excess of those required to undertake their job, their additional human capital is nonetheless rewarded. Care therefore needs to be taken in interpreting measures of overeducation.
KW - overeducation
U2 - 10.1007/s11024-018-9357-1
DO - 10.1007/s11024-018-9357-1
M3 - Journal article
VL - 57
SP - 85
EP - 107
JO - Minerva
JF - Minerva
SN - 0026-4695
IS - 1
ER -