Educational Mismatches, Wages and Economic Growth: A Causal Analysis for the French Case since 1980
AbstractIn the last two decades, France has experienced an increase in mismatches between education and work. This article studies twenty two years of French productivity to highlight the causes and effects of overeducation on the employee wages and the national income. From the INSEE and Cereq data, this analysis shows a positive effect in the short term on wages of the least qualified and overeducated worker. Furthermore, overeducation phenomenon does not penalize the higher graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth, overeducation of the higher graduates produce an unfavourable short term effect on GDP.
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Bibliographic InfoPaper provided by LAMETA, Universtiy of Montpellier in its series Working Papers with number 07-03.
Length: 14 pages
Date of creation: Apr 2007
Date of revision: Apr 2007
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Web page: http://www.lameta.univ-montp1.fr/
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-11-10 (All new papers)
- NEP-EDU-2007-11-10 (Education)
- NEP-EEC-2007-11-10 (European Economics)
- NEP-HRM-2007-11-10 (Human Capital & Human Resource Management)
- NEP-LAB-2007-11-10 (Labour Economics)
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