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Post-College Schooling, Overeducation, and Hourly Earnings in the United States

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  • Stephen Rubb

Abstract

Using 1990 US census data, the present paper examines the relationship between overeducation and earnings. The paper updates previous findings and then focuses on those most likely to be overeducated--individuals with post-college schooling. It is hypothesized that specific occupations that require college education may be flexible in their ability to utilize the surplus human capital of the employees. Being overeducated is shown to increase the wages of men working at a job that requires a bachelor's degree. The results are compared with findings in Canada and the UK. Additionally, overeducation is shown to contribute to the gender wage gap.

Suggested Citation

  • Stephen Rubb, 2003. "Post-College Schooling, Overeducation, and Hourly Earnings in the United States," Education Economics, Taylor & Francis Journals, vol. 11(1), pages 53-72.
  • Handle: RePEc:taf:edecon:v:11:y:2003:i:1:p:53-72 DOI: 10.1080/09645290210127453
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    References listed on IDEAS

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    Cited by:

    1. Alma Espino, 2011. "Evaluación de los desajustes entre oferta y demanda laboral por calificaciones en el mercado laboral de Uruguay," REVISTA DE ECONOMÍA DEL ROSARIO, UNIVERSIDAD DEL ROSARIO.
    2. Lourdes Badillo Amador & Angel López Nicolás & Luis E. Vila, 2008. "The Consequences on Job Satisfaction of Job-Worker Educational and Skill Mismatches in the Spanish Labour Market: a Panel Analysis," Working Papers 2008-32, FEDEA.
    3. Chiswick, Barry R. & Miller, Paul W., 2009. "Educational Mismatch: Are High-Skilled Immigrants Really Working at High-Skilled Jobs and the Price They Pay If They Aren't?," IZA Discussion Papers 4280, Institute for the Study of Labor (IZA).
    4. Gianni Betti & Antonella D’Agostino & Laura Neri, 2011. "Educational Mismatch of Graduates: a Multidimensional and Fuzzy Indicator," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, pages 465-480.
    5. Guironnet, J.-P. & Peypoch, N., 2007. "Human capital allocation and overeducation: A measure of French productivity (1987, 1999)," Economic Modelling, Elsevier, vol. 24(3), pages 398-410, May.
    6. Galasi, Péter, 2004. "Túlképzés, alulképzés és bérhozam a magyar munkaerőpiacon, 1994-2002
      [Over-education, under-education and wage premiums on the Hungarian labour market, 1994-2002]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(5), pages 449-471.
    7. Jean-Pascal Guironnet & Nicolas Peypoch, 2005. "Human Capital Allocation and Overeducation: A Measure of French Productivity," Working Papers 05-10, LAMETA, Universtiy of Montpellier, revised Oct 2005.
    8. Galasi, Péter, 2009. "A túl- és az alulképzés bérhozama 25 európai országban
      [Returns for over-education and under-education for 25 European countries]
      ," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 197-215.
    9. Peter Galasi, 2008. "The effect of educational mismatch on wages for 25 countries," Budapest Working Papers on the Labour Market 0808, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences.
    10. Barros, Carlos P. & Guironnet, Jean-Pascal & Peypoch, Nicolas, 2011. "Productivity growth and biased technical change in French higher education," Economic Modelling, Elsevier, pages 641-646.
    11. Chiswick, Barry R. & Miller, Paul W., 2010. "Does the choice of reference levels of education matter in the ORU earnings equation?," Economics of Education Review, Elsevier, pages 1076-1085.
    12. Tsai, Yuping, 2010. "Returns to overeducation: A longitudinal analysis of the U.S. labor market," Economics of Education Review, Elsevier, vol. 29(4), pages 606-617, August.
    13. Karoly Fazekas & Gabor Kezdi (ed.), 2007. "The Hungarian Labour Market 2007," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences, number 2007.

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