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Does Over-education Influence French Economic Growth?

Author

Listed:
  • Magali Jaoul-Grammare

    (BETA-CNRS)

  • Jean-Pascal Guironnet

    (CREUSET)

Abstract

In the last two decades, France has experienced an increase in mismatches between education and work. This article studies twenty two years of French productivity to highlight the causes and effects of over-education on the employee wages and the national income. From the INSEE and Cereq data, this analysis shows a positive effect in the short term on wages of the least qualified and overeducated worker. Furthermore, over-education phenomenon does not penalize the higher graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth, over-education of the higher graduates produce an unfavourable short term effect on GDP.

Suggested Citation

  • Magali Jaoul-Grammare & Jean-Pascal Guironnet, 2009. "Does Over-education Influence French Economic Growth?," Economics Bulletin, AccessEcon, vol. 29(2), pages 1190-1200.
    • Handle: RePEc:ebl:ecbull:eb-09-00233
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    References listed on IDEAS

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    Cited by:

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    2. Zainizam Zakariya & Kristinn Hermanssons & Kho Yin Yin & Noor Fazlin Mohamed Noor, 2019. "Regional Economic Growth in Malaysia: Does Aggregate Overqualification Matter?," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(5), pages 139-156, December.
    3. SAM, Vichet, 2018. "Overeducation among graduates in developing countries: What impact on economic growth?," MPRA Paper 87674, University Library of Munich, Germany.
    4. Mariya Neycheva, 2021. "Qualification (Mis)Match for Upper Secondary and Higher Education," Social Sciences, MDPI, vol. 10(9), pages 1-15, August.
    5. Mariya Neycheva & Ivan Neychev, 2020. "Overeducation and Economic Growth: Theoretical Background and Empirical Findings for the Region of Central and Eastern Europe," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 124-142.
    6. Teixeira, Aurora A.C. & Queirós, Anabela S.S., 2016. "Economic growth, human capital and structural change: A dynamic panel data analysis," Research Policy, Elsevier, vol. 45(8), pages 1636-1648.
    7. Dorocki Sławomir & Borowiec Monika, 2012. "The process of transformation of academic centres as a factor upgrading the quality of human capital in the regions of France," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 18(18), pages 15-27, November.

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    More about this item

    Keywords

    causality; growth; overeducation;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables

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