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Over-Qualification and the Dimensions of Job Satisfaction

Author

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  • Inmaculada García-Mainar

    (University of Zaragoza)

  • Víctor M. Montuenga-Gómez

    (University of Zaragoza)

Abstract

The spread of over-qualification is a consequence of individuals having acquired more credentials than required at the workplace. In some cases, it may be that this mismatch plays a role in allowing workers to compensate for the lack of some other skills, to escape from unemployment, or to achieve job stability in the labour market. Consequently, workers may feel no less satisfied, at least in some aspects, than adequately-matched workers. The aim of this paper is to analyse the relationship between over-qualification and the various dimensions of job satisfaction in Spain, a country characterised by a strongly-segmented labour market with high unemployment levels, and a significant number of mismatched employees. Using micro data for a representative sample of Spanish workers, we carry out simultaneous maximum likelihood estimations on a two-equation system to control for potential endogeneity. The results obtained provide evidence that does not reject the hypothesis that mismatched workers do not necessarily feel less satisfied than adequately-matched workers in the dimensions of job satisfaction related to extrinsic domains or social relations.

Suggested Citation

  • Inmaculada García-Mainar & Víctor M. Montuenga-Gómez, 2020. "Over-Qualification and the Dimensions of Job Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 147(2), pages 591-620, January.
  • Handle: RePEc:spr:soinre:v:147:y:2020:i:2:d:10.1007_s11205-019-02167-z
    DOI: 10.1007/s11205-019-02167-z
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    More about this item

    Keywords

    Over-qualification; Job satisfaction; Simulated maximum likelihood estimation; Spain;
    All these keywords.

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • 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
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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