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Sobreeducacion en el mercado laboral chileno

Author

Listed:
  • Daniel J. Castro Ramirez

    (Universidad Alberto Hurtado, Chile)

Abstract

The research investigates the impact of over-education in the Chilean workforce, using data from the PIAAC and CASEN surveys from 2003 to 2015. The results show that on average 37% of workers with higher education are classified as “over-educated” in the period 2003-2015. In addition, the majority of this “over-educated people” come from private universities and perform in technical, administrative and legislative jobs. I also use the 2015 CASEN survey to analyze the probability of being over-educated. The results show that workers with a technical or non-traditional degree in professional education institutes and private universities are those who are more likely to be considered “over-educated”. Moreover, I implemented a propensity score matching methodology using the CASEN survey 2015 to study the impact of over-education on wages and on-the-job training. The results suggest a negative impact of over-education on wages.

Suggested Citation

  • Daniel J. Castro Ramirez, 2019. "Sobreeducacion en el mercado laboral chileno," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 34(1), pages 51-83, April.
    • Handle: RePEc:ila:anaeco:v:34:y:2019:i:1:p:51-83
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    Cited by:

    1. Castro, Juan Francisco & Ortega, Lorena & Yamada, Gustavo & Mata, David, 2022. "The Magnitude and Predictors of Overeducation and Overskilling in Latin America: Evidence from PIAAC," IZA Discussion Papers 15143, Institute of Labor Economics (IZA).
    2. María Paola Sevilla & Mauricio Farías & Daniela Luengo-Aravena, 2021. "Patterns and Persistence of Educational Mismatch: A Trajectory Approach Using Chilean Panel Data," Social Sciences, MDPI, vol. 10(9), pages 1-24, September.

    More about this item

    Keywords

    Overeducation; mismatch; Propensity Score Matching;
    All these keywords.

    JEL classification:

    • J22 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Time Allocation and Labor Supply
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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