Field-of-study mismatch and overqualification: labour market correlates and their wage penalty

Montt, Guillermo

doi:10.1186/s40172-016-0052-x

Cited by 61 publications

(49 citation statements)

References 30 publications

(45 reference statements)

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“…10 One possible way to deal (if partially), with this issue is to consider mismatch at the level of the field of study (when a worker, trained in a particular field, works in another field). According to the analysis of PIAAC data of Montt (2017), around 40% of workers are not matched by field at their qualification level. See also Robst (2007) for the US.…”

Section: Comparing Different Methodologiesmentioning

confidence: 99%

Educational mismatch in Europe at the turn of the century

Llorente

Sarkar

Sebastian

et al. 2018

IJM

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Purpose. The purpose of this paper is to present the stylized facts of over-education among European graduates over time (1998)(1999)(2000)(2001)(2002)(2003)(2004)(2005)(2006)(2007)(2008)(2009)(2010)(2011)(2012)(2013), paying special attention to the measurement issues. Design/methodology/approach. The authors use two different sources, the Programme for the International Assessment of Adult Competencies 2012, and the European Union Labour Force Survey 1998-2013, with two different aims. We employ the first one to make a detailed analysis of the different forms of measuring over-education and its implications in terms of the result obtained. The analysis of the second one responds to study the evolution and characteristics of over-education in Europe. Findings. In first place, the paper provides evidence of the high level of sensitivity of the level of measured over-education to the type of methodology used. Such difference is even higher when we focus on skills versus educational mismatch. The work also shows how with all their shortcomings, the measures of over-education used in the analysis point to the existence of convergence in over-education levels among the European countries of the sample (only interrupted by the crisis), in a context of reduction of over-education rates in many countries. Practical implications. Researchers should be particularly careful when estimating overeducation, because of the strong implications in terms of the so different results obtained when choosing between competing methods. Originality/value. The analysis abound in the implications of the use of different methodologies of estimating over-education in terms of both size and ranking among European countries. The production of long-run and updated estimates of over-education for a large sample of countries using a homogenous database and different estimation methods.

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Section: Comparing Different Methodologiesmentioning

confidence: 99%

Educational mismatch in Europe at the turn of the century

Llorente

Sarkar

Sebastian

et al. 2018

IJM

View full text Add to dashboard Cite

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“…6 For evidence on workforce over-education/qualification, see e.g. McGuinness (2006) or Montt (2017). 7 This is estimated through the 'perpetual inventory method' (or PIM, see e.g.…”

Section: Endnotesmentioning

confidence: 99%

Does education raise productivity and wages equally? The moderating role of age and gender

et al. 2018

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We estimate the impact of education on productivity, wage costs and productivitywage gaps (i.e. profits) using Belgian linked panel data. Findings highlight that educational credentials have a stronger impact on productivity than on wage costs. Firms' profitability is found to rise when lower educated workers are substituted by higher educated ones. This effect is found to be more pronounced among younger workers and women. Findings thus suggest that the productivity to wage cost ratio of low-educated workers is detrimental to their employability, especially when young or female. They also support the existence of a glass ceiling on women's career development.JEL Classification: C33, I21, J24, J31

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“…Furthermore, individuals who experience both overeducation and skill dissatisfaction are reported to have a particularly high wage penalty. Montt [23] explored how skill supply and labor market demand dynamics influence mismatch, using the data from the OCED( Organization for Economic Cooperation and Development) Survey of Adult Skills (PIAAC). He analyzed the cross-national estimates on mismatch and mismatch wage penalty, which showed workers who are overqualified and mismatched by work fields suffer from the wage penalty.…”

Section: Job Fit Theorymentioning

confidence: 99%

The Effects of Job Mismatch on Pay, Job Satisfaction, and Performance

Kim¹,

Choi

2018

Journal of Open Innovation: Technology, Market, and Complexity

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The purpose of this study is to analyze the effects of job mismatch on pay, job satisfaction, and performance of doctoral level researchers, based on the job-environment fit theory. The study analyzed 2273 sample data used in the survey, based on the ‘2013 Ph D. Research Survey’ from the Institute for Science and Technology Policy (STEPI) in Korea. The results showed that the degree of job-mismatch of doctors has a significant effect on overall pay, job satisfaction, and performance. Specifically, job mismatch of the Ph.D. workforce both negatively affected pay and job satisfaction. In addition, in terms of the relationship between job mismatch, pay, job satisfaction, and job performance, the mediating effect of pay and job satisfaction was confirmed. The implication of the research is that it is crucial to approach the accomplishment of an outstanding workforce based on the concept of job mismatch so that excellent and highly educated human resources can be placed in the right place to maximize their individual qualities and academic knowledge. Considering that job mismatch eventually has a negative impact on research performance through the mediation of pay and job satisfaction, it is necessary to promote strategies to utilize advanced talent, which includes job mismatch, economic incentives, such as salaries, and psychological compensation, such as job satisfaction.

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Field-of-study mismatch and overqualification: labour market correlates and their wage penalty

Cited by 61 publications

References 30 publications

Educational mismatch in Europe at the turn of the century

Educational mismatch in Europe at the turn of the century

Does education raise productivity and wages equally? The moderating role of age and gender

The Effects of Job Mismatch on Pay, Job Satisfaction, and Performance

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