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Skills and low pay: upgrading or overeducation?

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Author Info
Borghans,L.
Grip,A.,de (ROA rm)

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Abstract

In most industrialised countries, one may observe the tendency for higher educated people to be employed in jobs that used to be occupied by lower skilled people. Although this tendency appears to be a rather general phenomenon, economic literature provides no clear clue about the causes of this stylized fact. Explanations vary from the pessimistic view in which the value of diploma''s decreases over time and further investments in education are wasted money, to the view that knowledge becomes the crucial production factor, which is required in more and more occupations.

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Paper provided by Maastricht : ROA, Research Centre for Education and the Labour Market in its series Research Memoranda with number 005.

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Date of creation: 1999
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Handle: RePEc:dgr:umaror:1999005

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Keywords: education; training and the labour market;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Belman, Dale & Heywood, John S, 1997. "Sheepskin Effects by Cohort: Implications of Job Matching in a Signaling Model," Oxford Economic Papers, Oxford University Press, vol. 49(4), pages 623-37, October. [Downloadable!] (restricted)
  2. Gary S. Becker, 1962. "Investment in Human Capital: A Theoretical Analysis," Journal of Political Economy, University of Chicago Press, vol. 70, pages 9. [Downloadable!] (restricted)
  3. Battu, H. & Belfield, C. R. & Sloane, P. J., . "Overeducation Among Graduates: A Cohort View," Working Papers 98-03, Department of Economics, University of Aberdeen. [Downloadable!]
  4. Blaug, Mark, 1976. "The Empirical Status of Human Capital Theory: A Slightly Jaundiced Survey," Journal of Economic Literature, American Economic Association, vol. 14(3), pages 827-55, September. [Downloadable!] (restricted)
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  1. Maud Hensen & Robert de Vries, 2004. "The relationship between geographical mobility and education-job mismatches," ERSA conference papers ersa04p158, European Regional Science Association. [Downloadable!]
  2. Ines P. Murillo, 2006. "Returns to Education and Human Capital Depreciation in Spain," ERSA conference papers ersa06p60, European Regional Science Association. [Downloadable!]
  3. Borghans L. & Weel B. ter, 2000. "How computerizaton changes the UK Labour Market: The Facts viewed from a new Perspective," Working Papers 010, Maastricht : ROA,Research Centre for Education and the Labour Market. [Downloadable!]
    Other versions:
  4. Peter Galasi, 2008. "The effect of educational mismatch on wages for 25 countries," Budapest Working Papers on the Labour Market 0808, Institute of Economics, Hungarian Academy of Sciences. [Downloadable!]
  5. Grip,Andries,de & Bosma,Hans & Willems,Dick & Boxtel,Martin,van, 2005. "Job-worker Mismatch and Cognitive Decline," Research Memoranda 009, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
    Other versions:
  6. Sanders,Jos & Grip,Andries,de, 2003. "Training, Task Flexibility and Low-Skilled Workers' Employability," Research Memoranda 007, Maastricht : ROA, Research Centre for Education and the Labour Market. [Downloadable!]
    Other versions:
  7. Ingrid Linsley, 2005. "Overeducation in the Australian Labour Market: Its Incidence and Effects," Department of Economics - Working Papers Series 939, The University of Melbourne. [Downloadable!]
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