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Intragenerational occupational mobility: the effect of crisis and overeducation on career mobility in a segmented labour market

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  • Georgios Kitsoleris

    (De Montfort University, Leicester Castle Business School, Leicester, United Kingdom)

  • Tuan Anh Luong

    (De Montfort University, Leicester Castle Business School, Leicester, United Kingdom)

Abstract

This paper explores occupational and employment mobility over the previous decade in Greece and contributes to a better understanding of the consequences of the sovereign debt crisis. Our findings suggest that downward mobility was the common trend in intra-generational occupational mobility during the first period of the crisis. Significant changes occurred between 2011-2015. The recovery is apparent during the third bailout program with higher upward occupational and employment movements. However, polarization in the middle-paid professions was noticed. Additionally, this paper highlights the role of education in career mobility and the problem of overeducation. The empirical results reveal that tertiary graduates were more likely to move downward during the first period of the crisis even though overeducated workers had more possibilities to experience upward mobility. Overeducation in Greece seems to be the result of the increasing number of tertiary graduates, low proportion of high-skilled job positions and high levels of unemployment.

Suggested Citation

  • Georgios Kitsoleris & Tuan Anh Luong, 2025. "Intragenerational occupational mobility: the effect of crisis and overeducation on career mobility in a segmented labour market," Public Sector Economics, Institute of Public Finance, vol. 49(1), pages 89-127.
    • Handle: RePEc:ipf:psejou:v:49:y:2025:i:1:p:89-127
    DOI: 10.3326/pse.49.1.4
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    More about this item

    Keywords

    social mobility; occupational mobility; overeducation; economic crisis; public sector;
    All these keywords.

    JEL classification:

    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • J68 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Public Policy
    • D63 - Microeconomics - - Welfare Economics - - - Equity, Justice, Inequality, and Other Normative Criteria and Measurement
    • J82 - Labor and Demographic Economics - - Labor Standards - - - Labor Force Composition

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