Educational qualifications mismatch in Europe Is it demand or supply driven?
AbstractMost papers dealing with individual overeducation risks focus on labour supply characteristics and workers behaviour. On the other hand, only few studies consider labour demand characteristics and technological change. In this paper we analyse the influence of both demand and supply factors on educational mismatch in a set of ten European countries. Our hypothesis, confirmed by results obtained using ordered probit model with sample selection, is that demand factors generally play major role in reducing educational mismatch in technologically more advanced countries, whereas supply factors are more important in countries that are lagging behind in the international division of labour. At the same time, important cross-country and gender differences have been identified in the way the demand/supply factors operate. All this calls for the fine-tuning of policies aimed to tackle the problem of educational mismatch. Apparently, EPL does not appear neither to hinder technological development, nor increase overeducation.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by University of Rome La Sapienza, Department of Public Economics in its series Working Papers with number 154.
Date of creation: Jul 2012
Date of revision:
Educational mismatch; Overeducation; Undereducation; Demand; Supply; Ordered Probit;
Find related papers by JEL classification:
- I2 - Health, Education, and Welfare - - Education
- J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2012-07-23 (All new papers)
- NEP-EUR-2012-07-23 (Microeconomic European Issues)
- NEP-LAB-2012-07-23 (Labour Economics)
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.:
- Duncan, Greg J. & Hoffman, Saul D., 1981. "The incidence and wage effects of overeducation," Economics of Education Review, Elsevier, vol. 1(1), pages 75-86, February.
- Funk, Peter & Vogel, Thorsten, 2004. "Endogenous skill bias," Journal of Economic Dynamics and Control, Elsevier, vol. 28(11), pages 2155-2193, October.
- Juan J. Dolado & Marcel Jansen & Juan F. Jimeno, .
"On-the-Job Search in a Matching Model with Heterogenous Jobs and Workers,"
- JuanJ. Dolado & Marcel Jansen & JuanF. Jimeno, 2009. "On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers," Economic Journal, Royal Economic Society, vol. 119(534), pages 200-228, 01.
- Juan J. Dolado & Marcel Jansen & Juan F. Jimeno, 2008. "On the job search in a matching model with heterogeneous jobs and workers," Banco de Espaï¿½a Working Papers 0813, Banco de Espa�a.
- Dolado, Juan José & Jansen, Marcel & Jimeno, Juan F., 2003. "On-the-Job Search in a Matching Model with Heterogenous Jobs and Workers," IZA Discussion Papers 886, Institute for the Study of Labor (IZA).
- Dolado, Juan J. & Jansen, Marcel & Jimeno, Juan Francisco, 2003. "On-the-Job Search in a Matching Model with Heterogeneous Jobs and Workers," CEPR Discussion Papers 4094, C.E.P.R. Discussion Papers.
- Seamus McGuinness & Peter J. Sloane, 2009.
"Labour Market Mismatch Among UK Graduates; An Analysis Using REFLEX Data,"
WP294, Economic and Social Research Institute (ESRI).
- McGuinness, Seamus & Sloane, Peter J., 2011. "Labour market mismatch among UK graduates: An analysis using REFLEX data," Economics of Education Review, Elsevier, vol. 30(1), pages 130-145, February.
- McGuinness, Seamus & Sloane, Peter J., 2009. "Labour Market Mismatch Among UK Graduates: An Analysis Using REFLEX Data," IZA Discussion Papers 4168, Institute for the Study of Labor (IZA).
- Dieter Verhaest & Eddy Omey, 2006.
"The Impact of Overeducation and its Measurement,"
Social Indicators Research,
Springer, vol. 77(3), pages 419-448, 07.
- D. Verhaest & E. Omey, 2004. "The impact of overeducation and its measurement," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 04/215, Ghent University, Faculty of Economics and Business Administration.
- Arnaud Chevalier & Joanne Lindley, 2007.
"Over-Education and the Skills of UK Graduates,"
CEE Discussion Papers
0079, Centre for the Economics of Education, LSE.
- Ana I. Moro Egido & Santiago Budría, 2007.
"Overeducation and Wages in Europe: Evidence from Quantile Regression,"
Economic Working Papers at Centro de Estudios Andaluces
E2007/04, Centro de Estudios Andaluces.
- Ana I Moro-Egido & Santiago Budría, . "Overeducation and Wages in Europe: Evidence from Quantile Regression," Studies on the Spanish Economy 229, FEDEA.
- Pastore, Francesco, 2005. "To Study or to Work? Education and Labour Market Participation of Young People in Poland," IZA Discussion Papers 1793, Institute for the Study of Labor (IZA).
- Michael Quinn & Stephen Rubb, 2011. "Spouse Overeducation and Family Migration: Evidence from the US," Journal of Family and Economic Issues, Springer, vol. 32(1), pages 36-45, March.
- McGuinness, Seamus & Bennett, Jessica, 2007. "Overeducation in the graduate labour market: A quantile regression approach," Economics of Education Review, Elsevier, vol. 26(5), pages 521-531, October.
- Ordine, Patrizia & Rose, Giuseppe, 2011. "Inefficient self-selection into education and wage inequality," Economics of Education Review, Elsevier, vol. 30(4), pages 582-597, August.
- Muysken,Joan & Weel,Bas,ter, 1999. "Overeducation, Job Competition and Unemployment," Research Memorandum 030, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
- Gianna Claudia Giannelli & Chiara Monfardini, 2003.
"Joint decisions on household membership and human capital accumulation of youths. The role of expected earnings and local markets,"
Journal of Population Economics,
Springer, vol. 16(2), pages 265-285, 05.
- Giannelli, Gianna Claudia & Monfardini, Chiara, 2000. "Joint Decisions on Household Membership and Human Capital Accumulation of Youths - The role of expected earnings and local markets," IZA Discussion Papers 191, Institute for the Study of Labor (IZA).
- Gianna Claudia Giannelli & Chiara Monfardini, 2001. "JOINT DECISIONS ON HOUSEHOLD MEMBERSHIP AND HUMAN CAPITAL ACCUMULATION OF YOUTHS The role of expected earnings and local markets," CHILD Working Papers wp02_01, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
- Giuseppe Croce & Emanuela Ghignoni, 2012. "Demand and Supply of Skilled Labour and Overeducation in Europe: A Country-level Analysis," Comparative Economic Studies, Palgrave Macmillan, vol. 54(2), pages 413-439, June.
- Massimiliano BRATTI & Chiara BROCCOLINI & Stefano STAFFOLANI, 2007. "Mass Tertiary Education, Higher Education Standard and University Reform: A Theoretical Analysis," Working Papers 277, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Patrizia Ordine & Giuseppe Rose, 2009. "Overeducation and Instructional Quality: A Theoretical Model and Some Facts," Journal of Human Capital, University of Chicago Press, vol. 3(1), pages 73-105.
- Séamus McGuinness, 2006. "Overeducation in the Labour Market," Journal of Economic Surveys, Wiley Blackwell, vol. 20(3), pages 387-418, 07.
- Emanuela Ghignoni, 2011. "Young workersâ€Ÿ overeducation and cohort effects in â€œP.I.G.S.â€ countries versus the Netherlands: a pseudo-panel analysis," Working Papers 147, University of Rome La Sapienza, Department of Public Economics.
- Joanne Lindley & Steven McIntosh, 2010.
"Is the Over-Education Wage Penalty Permanent?,"
2010004, The University of Sheffield, Department of Economics, revised Jan 2010.
- Giorgio Di Pietro & Andrea Cutillo, 2006. "University Quality and Labour Market Outcomes in Italy," LABOUR, CEIS, vol. 20(1), pages 37-62, 03.
- S. Mcguinness, 2003. "Graduate overeducation as a sheepskin effect: evidence from Northern Ireland," Applied Economics, Taylor & Francis Journals, vol. 35(5), pages 597-608.
- Caroleo, Floro Ernesto & Pastore, Francesco, 2013.
"Overeducation at a Glance: Determinants and Wage Effects of the Educational Mismatch, Looking at the AlmaLaurea Data,"
IZA Discussion Papers
7788, Institute for the Study of Labor (IZA).
- Floro Ernesto Caroleo & Francesco Pastore, 2012. "Overeducation at a glance. Determinants and wage effects of the educational mismatch, looking at the AlmaLaurea data," Discussion Papers 18_2012, CRISEI, University of Naples "Parthenope", Italy.
- Floro Ernesto Caroleo & Francesco Pastore, 2014. "Overeducation at a glance. Determinants and wage effects of the educational mismatch, looking at the AlmaLaurea data," Working Papers 58, AlmaLaurea Inter-University Consortium.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Luisa Giuriato).
If references are entirely missing, you can add them using this form.