Labour market mismatch among UK graduates: An analysis using REFLEX data
There is much disagreement in the literature over the extent to which graduates are mismatched in the labour market and the reasons for this. In this paper we utilise the Flexible Professional in the Knowledge Society (REFLEX) data set to cast light on these issues, based on data for UK graduates. We find substantial pay penalties for overeducation for both sexes and for overskilling in the case of men only. When both education and skill mismatch variables are included together in the model only overskilling reduces job satisfaction consistently for both sexes. Using job attributes data it appears that the lower wages of the overqualified may in part simply represent a compensating wage differential for positive job attributes, while for men at least there are real costs to being overskilled.
If 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.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
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.:
- Battu, H. & Belfield, C. R. & Sloane, P. J., "undated".
"Overeducation Among Graduates: A Cohort View,"
98-03, Department of Economics, University of Aberdeen.
- McGuinness, Seamus & Wooden, Mark, 2007. "Overskilling, Job Insecurity and Career Mobility," IZA Discussion Papers 2938, Institute for the Study of Labor (IZA).
- Peter T. Gottschalk & Michael Hansen, 2001.
"Is the Proportion of College Workers in “Non-College” Jobs Increasing?,"
JCPR Working Papers
223, Northwestern University/University of Chicago Joint Center for Poverty Research.
- Peter Gottschalk & Michael Hansen, 2003. "Is the Proportion of College Workers in Noncollege Jobs Increasing?," Journal of Labor Economics, University of Chicago Press, vol. 21(2), pages 409-448, April.
- Peter Gottschalk & Michael Hansen, 1999. "Is the Proportion of College Workers in 'Non-College' Jobs Increasing?," Boston College Working Papers in Economics 429, Boston College Department of Economics, revised 20 Feb 2001.
- S. Mcguinness, 2003. "Graduate overeducation as a sheepskin effect: evidence from Northern Ireland," Applied Economics, Taylor & Francis Journals, vol. 35(5), pages 597-608.
- Kelly, Elish & O'Connell, Philip J. & Smyth, Emer, 2010.
"The economic returns to field of study and competencies among higher education graduates in Ireland,"
Economics of Education Review,
Elsevier, vol. 29(4), pages 650-657, August.
- Elish Kelly & Philip O'Connell & Emer Smyth, 2008. "The Economic Returns to Field of Study and Competencies Among Higher Education Graduates in Ireland," Papers WP242, Economic and Social Research Institute (ESRI).
- Grazier, Suzanne & O'Leary, Nigel C. & Sloane, Peter J., 2008. "Graduate Employment in the UK: An Application of the Gottschalk-Hansen Model," IZA Discussion Papers 3618, Institute for the Study of Labor (IZA).
- Francis Green & Yu Zhu, 2008.
"Overqualification, Job Dissatisfaction, and Increasing Dispersion in the Returns to Graduate Education,"
Studies in Economics
0803, School of Economics, University of Kent.
- Francis Green & Yu Zhu, 2010. "Overqualification, job dissatisfaction, and increasing dispersion in the returns to graduate education," Oxford Economic Papers, Oxford University Press, vol. 62(4), pages 740-763, October.
- Arnaud Chevalier, 2003. "Measuring Over-education," Economica, London School of Economics and Political Science, vol. 70(279), pages 509-531, 08.
- Kostas Mavromaras & Seamus McGuinness & Yin King Fok, 2007.
"Assessing the Incidence and Wage Effects of Over-skilling in the Australian Labour Market,"
Melbourne Institute Working Paper Series
wp2007n32, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne.
- Kostas Mavromaras & Seamus Mcguinness & Yin King Fok, 2009. "Assessing the Incidence and Wage Effects of Overskilling in the Australian Labour Market," The Economic Record, The Economic Society of Australia, vol. 85(268), pages 60-72, 03.
- Mavromaras, Kostas G. & McGuinness, Seamus & Fok, Yin King, 2007. "Assessing the Incidence and Wage Effects of Over-Skilling in the Australian Labour Market," IZA Discussion Papers 2837, Institute for the Study of Labor (IZA).
- 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.
- Allen J.P. & Velden R.K.W. van der & Badillo-Amador L., 2013.
"Wage effects of job-worker mismatches: Heterogeneous skills or institutional effects?,"
ROA Research Memorandum
021, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Velden R.K.W. van der & Badillo-Amador L. & Allen J.P., 2013. "Wage effects of job-worker mismatches: Heterogeneous skills or institutional effects?," Research Memorandum 071, Maastricht University, Graduate School of Business and Economics (GSBE).
- Dolton, Peter J. & Silles, Mary A., 2008.
"The effects of over-education on earnings in the graduate labour market,"
Economics of Education Review,
Elsevier, vol. 27(2), pages 125-139, April.
- Mary Silles & Peter Dolton, 2002. "The Effects of Over-Education on Earnings in the Graduate Labour Market," Economics Series Working Papers 126, University of Oxford, Department of Economics.
- Arnaud Chevalier & Joanne Lindley, 2007.
"Over-education and the skills of UK graduates,"
LSE Research Online Documents on Economics
19397, London School of Economics and Political Science, LSE Library.
- Chevalier, Arnaud & Lindley, Joanne, 2006. "Over-Education and the Skills of UK Graduates," IZA Discussion Papers 2442, Institute for the Study of Labor (IZA).
- Arnaud Chevalier & Joanne Lindley, 2007. "Over-Education and the Skills of UK Graduates," CEE Discussion Papers 0079, Centre for the Economics of Education, LSE.
- Christopher Fleming & Parvinder Kler, 2008. "I'm too clever for this job: a bivariate probit analysis on overeducation and job satisfaction in Australia," Applied Economics, Taylor & Francis Journals, vol. 40(9), pages 1123-1138.
- Sicherman, Nachum & Galor, Oded, 1990.
"A Theory of Career Mobility,"
Journal of Political Economy,
University of Chicago Press, vol. 98(1), pages 169-192, February.
- Oded Galor & Nachum Sicherman, 1988. "A Theory of Career Mobility," University of Chicago - George G. Stigler Center for Study of Economy and State 51, Chicago - Center for Study of Economy and State.
- Seán Lyons & Karen Mayor & Richard S.J. Tol, 2008. "Environmental Accounts for the Republic of Ireland: 1990-2005," Papers WP223, Economic and Social Research Institute (ESRI).
- Bauer, Thomas K., 2002. "Educational mismatch and wages: a panel analysis," Economics of Education Review, Elsevier, vol. 21(3), pages 221-229, June.
- Frances Ruane & Xiaoheng Zhang, 2007. "Location Choices of the Pharmaceutical Industry in Europe after 1992," The Institute for International Integration Studies Discussion Paper Series iiisdp220, IIIS.
- Dolton, Peter & Vignoles, Anna, 2000. "The incidence and effects of overeducation in the U.K. graduate labour market," Economics of Education Review, Elsevier, vol. 19(2), pages 179-198, April.
- Francis Green & Steven McIntosh, 2007. "Is there a genuine under-utilization of skills amongst the over-qualified?," Applied Economics, Taylor & Francis Journals, vol. 39(4), pages 427-439.
When requesting a correction, please mention this item's handle: RePEc:eee:ecoedu:v:30:y:2011:i:1:p:130-145. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Dana Niculescu)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.