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Is more always good? Over-education, job satisfaction and wages on the Czech labor market

Author

Listed:
  • Raufhon Salahodjaev

    () (Institute for Forecasting and Macroeconomic Research, Uzbekistan)

Abstract

The notion of over-education has drawn considerable research attention since the work of Freeman (1976). This study provides evidence that education match matters for labor market outcomes. Using data from the REFLEX survey, we find that over-education and over-skilling has a significant negative impact on wages and job satisfaction in the Czech labor market. Secondly, we find that the wage penalty is stronger for female respondents. In contrast, overskilled and overeducated men are more dissatisfied than women.

Suggested Citation

  • Raufhon Salahodjaev, 2015. "Is more always good? Over-education, job satisfaction and wages on the Czech labor market," Society and Economy, Akadémiai Kiadó, Hungary, vol. 37(3), pages 403-414, September.
  • Handle: RePEc:aka:soceco:v:37:y:2015:i:3:p:403-414
    Note: The author would like to thank the anonymous reviewers for their valuable suggestions, as well as Darren Moloney for his helpful advice. Responsibility for all errors and omissions remains our own.
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    File URL: http://www.akademiai.com/doi/pdf/10.1556/204.2015.37.3.5
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    Cited by:

    1. Agnieszka Chlon-Dominczak & Andrzej Zurawski, 2017. "Measuring skills mismatches revisited – introducing sectoral approach," IBS Working Papers 03/2017, Instytut Badan Strukturalnych.

    More about this item

    Keywords

    Czech Republic; job satisfaction; over-education; REFLEX; penalty; wage;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy

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