"Overeducation" in the Labor Market

Sicherman, Nachum

doi:10.1086/298261

Cited by 606 publications

(490 citation statements)

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“…Conversely, both assignment theory (Sattinger, 1993) and the job competition model (Thurow, 1975) provide frameworks by which overeducation is understood as a mismatch between the characteristics of workers and the productivity requirements of the available distribution of jobs. Finally, overeducation can also be understood as a temporary issue arising as a consequence of information asymmetries or strategic behaviour by workers seeking more basic skills in their chosen professions, for example, signalling phenomenon (Spence, 1973) and occupational mobility theories (Sicherman, 1991;AlbaRamirez, 1993). …”

Section: Introductionmentioning

confidence: 99%

Is There a Role for Higher Education Institutions in Improving the Quality of First Employment?

McGuinness

Whelan

Bergin

2016

The B.E. Journal of Economic Analysis &Amp; Policy

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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. The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent nonprofit organization supported by Deutsche Post Foundation. The center is associated with the University of Bonn and offers a stimulating research environment through its international network, workshops and conferences, data service, project support, research visits and doctoral program. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. Terms of use: Documents in D I S C U S S I O N P A P E R S E R I E S Is There a Role for Higher Education Institutions inIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available directly from the author. This paper examines the potential role of higher education institutions in reducing labour market mismatch amongst new graduates. The research suggests that increasing the practical aspects of degree programmes, irrespective of the field of study, will reduce the incidence of initial mismatch. In terms of routes into the labour market, higher education work placements with the potential to develop into permanent posts and the provision of higher education job placement assistance were found to have substantial impacts in reducing the incidence of graduate mismatch. The use of private employment agencies was found to significantly heighten the risk of subsequent mismatch.JEL Classification: J24, J31

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Section: Introductionmentioning

confidence: 99%

Is There a Role for Higher Education Institutions in Improving the Quality of First Employment?

McGuinness

Whelan

Bergin

2016

The B.E. Journal of Economic Analysis &Amp; Policy

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“…In the US Sicherman (1991) found that around 40% of the workforce were over-educated, while 16% were under-educated. For the UK Sloane et al (1999) found that around 31% of British workers were overeducated, 17% were under-educated and the remainder adequatelyeducated.…”

Section: Introductionmentioning

confidence: 99%

Over‐Education and Ethnic Minorities in Britain

Battu¹,

Sloane²

2004

The Manchester School

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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. Terms of use: Documents in Overeducation and Ethnic Minorities in BritainHarminder Battu Peter J. Sloane The Institute for the Study of Labor (IZA) in Bonn is a local and virtual international research center and a place of communication between science, politics and business. IZA is an independent, nonprofit limited liability company (Gesellschaft mit beschränkter Haftung) supported by the Deutsche Post AG. The center is associated with the University of Bonn and offers a stimulating research environment through its research networks, research support, and visitors and doctoral programs. IZA engages in (i) original and internationally competitive research in all fields of labor economics, (ii) development of policy concepts, and (iii) dissemination of research results and concepts to the interested public. The current research program deals with (1) mobility and flexibility of labor, (2) internationalization of labor markets, (3) welfare state and labor market, (4) labor markets in transition countries, (5) the future of labor, (6) evaluation of labor market policies and projects and (7) general labor economics. D I S C U S S I O N P A P E R S E R I E SIZA Discussion Papers often represent preliminary work and are circulated to encourage discussion. Citation of such a paper should account for its provisional character. A revised version may be available on the IZA website (www.iza.org) or directly from the author. ABSTRACT Overeducation and Ethnic Minorities in Britain *This study examines the utilisation of education across ethnic minorities in the UK. In particular, we examine the incidence of mismatch between educational qualifications and occupational attainment, the determinants of any mismatch and the consequences for earnings and other labour market outcomes. Using a modal measure of required education across sixty occupations we find that different ethnic groups have varying levels of overeducation with the highest incidence being amongst the Indian and Africa-Asian groups.When we introduce controls we find that the African-Asians are more likely to be both over and under-educated relative to Indians (the omitted group), but this is reversed for those born in the UK. Foreign qualifications increase the likelihood of over-education for Pakistanis and Bangladeshis but reduce it for African-Asians. Language fluency increases the likelihood of mismatch. The results from our earnings regressions support previous work in relation to the returns to ov...

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“…Search theory predicts that 2 overeducation should decline with age (experience), while the relation with tenure is ambiguous; the predictions are generally upheld empirically. Human capital theory holds that individuals who are overeducated for their job have made a deliberate investment decision: they choose this job because it provides better than average learning opportunities, which will pay off later in the career (Sicherman, 1991). Our dataset allows to test the latter hypothesis for learning (and pay-off) within the same firm, because the data include records of the individual's career within this firm.…”

Section: Introductionmentioning

confidence: 99%