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The effects of over-education on earnings in the graduate labour market

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  • Dolton, Peter J.
  • Silles, Mary A.

Abstract

This paper uses a new survey of graduates from one large civil university in the UK to examine the determinants of over-education and its subsequent impact on labour market earnings. Multiple measurements of over-education were collected to assess the effect of measurement error on the estimated pay penalty associated with over-education. Panel estimates suggest that the upward bias in standard OLS estimates is offset by an equal downward bias resulting from measurement error.

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Bibliographic Info

Article provided by Elsevier in its journal Economics of Education Review.

Volume (Year): 27 (2008)
Issue (Month): 2 (April)
Pages: 125-139

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Handle: RePEc:eee:ecoedu:v:27:y:2008:i:2:p:125-139

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Web page: http://www.elsevier.com/locate/econedurev

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