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Educational Mismatch in the Czech Labour Market

In: Investigaciones de Economía de la Educación 9

Author

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  • Martina Mysikova

    (Institute of Sociology of the Academy of Sciences of the Czech Republic)

Abstract

Educational mismatch in labour markets is a phenomenon that has been widely analysed, mainly with respect rising concerns about possible oversupply of graduates. Similarly to most European countries, the Czech Republic has experienced a boom in tertiary education in the last decade. The incidence and the determinants of over- and undereducation vary substantially depending on both the approach of the mismatch measurement and the data source applied. Educational mismatch also reflects in wage levels. First, overeducated workers have lower wages and undereducated workers have higher wages compared to workers with the same education whose jobs match their education. Second, overeducated workers earn more and undereducated workers earn less than their co-workers with exactly the required level of education. The effects are qualitatively the same regardless the data source or approach applied but their sizes differ slightly according to the approach and data applied.

Suggested Citation

  • Martina Mysikova, 2014. "Educational Mismatch in the Czech Labour Market," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 36, pages 699-714, Asociación de Economía de la Educación.
    • Handle: RePEc:aec:ieed09:09-36
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    Cited by:

    1. Araújo, Isabel & Carneiro, Anabela, 2020. "Educational Mismatches of Newly Hired Workers: Short and Medium-run Effects on Wages," GLO Discussion Paper Series 668, Global Labor Organization (GLO).
    2. Mª Covadonga De la Iglesia Villasol & Fátima Herranz González, 2015. "El desajuste educativo en España. Una comparativa entre 2007 y 2012," Investigaciones de Economía de la Educación volume 10, in: Marta Rahona López & Jennifer Graves (ed.), Investigaciones de Economía de la Educación 10, edition 1, volume 10, chapter 29, pages 573-596, Asociación de Economía de la Educación.

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    More about this item

    Keywords

    educational economics; human capital; overeducation; undereducation; wages;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials

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