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Over education and the great recession. The case of italian PH.D graduates

Author

Listed:
  • Barbara Ermini

    (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

  • Luca Papi

    (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali, MoFiR)

  • Francesca Scaturro

    (Universita' Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

Abstract

This paper evaluates the impact of the Great Recession on Ph.D over-education using data drawn from four annual cohorts of Ph.D graduates surveyed by the Italian National Institute of Statistics. Over-education is examined through the definitions of both over-skilling and over-qualification.The results show that over-skilling is positively associated with the Great Recession, whereas the relationship between the crisis and over-qualification is statistically significant only when the estimated model includes interaction terms for the crisis and jobs within academia or R&D-related sectors. More generally, working on research-based activities and study experience abroad are always significant drivers to overcome any kind of job mismatch. Conversely, being self-employed increases the risk of over-education, casting some doubts on the satisfactory additionality of Ph.D employment trajectories beyond academia and research. Finally, in contrast with previous results for graduates, we find that socio-demographic variables do not exert a significant influence on Ph.D over-education.

Suggested Citation

  • Barbara Ermini & Luca Papi & Francesca Scaturro, 2017. "Over education and the great recession. The case of italian PH.D graduates," Working Papers 420, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
    • Handle: RePEc:anc:wpaper:420
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    More about this item

    Keywords

    Over-education; Over-skilling; Over-qualification; Ph.D graduates; Great Recession;
    All these keywords.

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • I2 - Health, Education, and Welfare - - Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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