Objective over-education and worker well-being: A shadow price approach

Verhaest, Dieter; Omey, Eddy

doi:10.1016/j.joep.2008.06.003

Cited by 102 publications

(105 citation statements)

References 36 publications

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“…According to McCormick (1990), overeducation even acts as a stronger negative signal to employers than unemployment and de Grip et al (2008) show that overeducation also results in cognitive decline. Moreover, Verhaest and Omey (2009) find that the negative association between overeducation and job satisfaction declines over time, suggesting some habituation. Finally, while job search models show that it may be optimal to accept a lower position and to pursue on-the-job search (Dolado et al, 2009), it is doubtful whether the same search intensity can be maintained.…”

Section: Introductionmentioning

confidence: 83%

“…19 The entrapment effect might not decrease over time as a consequence of investments in specific human capital (Pissarides, 1994), cognitive decline (de Grip et al, 2008), or habituation (Verhaest and Omey, 2009). …”

Section: Discussionmentioning

confidence: 99%

“…Considering this -small -group as a separate category would further complicate the analysis. Moreover, undereducated individuals generally earn at least as much and are at least as satisfied with their jobs as adequately educated workers (Hartog, 2000;Verhaest and Omey, 2009). Hence, this justifies pooling them with the adequately educated.…”

Section: Measures Of Overeducationmentioning

confidence: 99%

“…The first factor (t-t 0 ) aims at capturing a gradually decreasing locking-in effect and/or steadily growing investment effect. Locking-in may reflect investment in specific human capital (Pissarides, 1994), cognitive decline (Grip et al, 2008), habituation (Verhaest and Omey, 2009) or reduced job-search effort on-the-job. The investment effect reflects the gradually increasing promotion opportunities with work experience, as described in the career mobility theory (Sicherman and Galor, 1990).…”

Section: O V E R E D U C a T I O N A T T H E S T A R T O F T H E C mentioning

confidence: 99%

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Overeducation at the start of the career: Stepping stone or trap?

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Cockx

Verhaest³

2013

Labour Economics

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. In addition, we are grateful to the Steunpunt SSL of the Flemish government for the used SONAR data. The authors assume the sole scientific responsibility of the present work. Terms of use: Documents in2 | O v e r e d u c a t i o n a t t h e s t a r t o f t h e c a r e e r -s t e p p i n g s t o n e o r t r a p ?

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Section: Introductionmentioning

confidence: 83%

Section: Discussionmentioning

confidence: 99%

Section: Measures Of Overeducationmentioning

confidence: 99%

Section: O V E R E D U C a T I O N A T T H E S T A R T O F T H E C mentioning

confidence: 99%

See 2 more Smart Citations

Overeducation at the start of the career: Stepping stone or trap?

Baert

Cockx

Verhaest³

2013

Labour Economics

Self Cite

160

129

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“…A first point is that many studies investigate the direct impact of over-education on job satisfaction but neglect potential indirect effects (Verhaest and Omey, 2009). Typically, over-educated workers are found to earn more than those who have just the required education for the job.…”

mentioning

confidence: 99%

The impact of educational mismatch on firm productivity: Evidence from linked panel data

Kampelmann

Rycx

2012

Economics of Education Review

113

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We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely on representative linked employer-employee panel data for Belgium covering the period 1999-2006. Controlling for simultaneity issues, time-invariant unobserved workplace characteristics, cohort effects and dynamics in the adjustment process of productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii) additional years of undereducation (among young workers) are detrimental for firm productivity. AbstractWe provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely on representative linked employer-employee panel data for Belgium covering the period 1999-2006. Controlling for simultaneity issues, time-invariant unobserved workplace characteristics, cohort effects and dynamics in the adjustment process of productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii) additional years of under-education (among young workers) are detrimental for firm productivity. JEL Classification: I21; J24

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Structural Equation Modelling and the Causal Effect of Permanent Income on Life Satisfaction: The Case of air Pollution Valuation in Switzerland

Giovanis

Özdamar

2017

Environmental Economics and Sustainability

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Objective over-education and worker well-being: A shadow price approach

Cited by 102 publications

References 36 publications

Overeducation at the start of the career: Stepping stone or trap?

Overeducation at the start of the career: Stepping stone or trap?

The impact of educational mismatch on firm productivity: Evidence from linked panel data

Structural Equation Modelling and the Causal Effect of Permanent Income on Life Satisfaction: The Case of air Pollution Valuation in Switzerland

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