Job Mismatches and Labour Market Outcomes: Panel Evidence on Australian University Graduates
AbstractThe interpretation of graduate mismatch manifested either as overeducation or as overskilling remains problematical. This paper uses annual panel information on both educational and skills mismatches uniquely found in the HILDA survey to analyse the relationship of both mismatches with pay, job satisfaction and job mobility. We find that overeducation and overskilling are distinct phenomena with different labour market outcomes and that their combination results in the most severe negative labour market outcomes. Using panel methodology reduces strongly the size of many relevant coefficients, questioning previous cross-section results and suggesting the presence of considerable unobserved heterogeneity which varies by gender.
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Bibliographic InfoPaper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5083.
Length: 47 pages
Date of creation: Jul 2010
Date of revision:
Publication status: published in: Economic Record, 2013, Vol 89, No 286, 382-395
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Find related papers by JEL classification:
- 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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-08-06 (All new papers)
- NEP-EDU-2010-08-06 (Education)
- NEP-LAB-2010-08-06 (Labour Economics)
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- Carroll, David & Tani, Massimiliano, 2013. "Job Search as a Determinant of Graduate Over-Education: Evidence from Australia," IZA Discussion Papers 7202, Institute for the Study of Labor (IZA).
- Jones, Melanie K. & Mavromaras, Kostas G. & Sloane, Peter J. & Wei, Zhang, 2011. "Disability and Job Mismatches in the Australian Labour Market," IZA Discussion Papers 6152, Institute for the Study of Labor (IZA).
- Kornélia Lazányi, 2012. "Study for nothing? Literature overview of labour market opportunities for individuals with tertiary education," Proceedings of FIKUSZ '12, in: Pál Michelberger (ed.), Proceedings of FIKUSZ '12, pages 37-46 Óbuda University, Keleti Faculty of Business and Management.
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