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Overeducation dynamics and personality

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  • Maite Blázquez
  • Santiago Budr�a

Abstract

In this paper, we use the 2000--2008 waves of the German Socioeconomic Panel to examine overeducation transitions. The results are based on a first-order Markov model that allows us to account for both the initial conditions problem and potential endogeneity in attrition. We found that overeducation dynamics, especially the probability of entering overeducation, is significantly influenced by personality. Notwithstanding these differences associated with individual heterogeneity, there still appears to be considerable overeducation persistence. Almost 18% of the overeducation risk is due to individual state dependence, that is, the fact of having been overeducated in the previous year.

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  • Maite Blázquez & Santiago Budr�a, 2012. "Overeducation dynamics and personality," Education Economics, Taylor & Francis Journals, vol. 20(3), pages 260-283, March.
    • Handle: RePEc:taf:edecon:v:20:y:2012:i:3:p:260-283
    DOI: 10.1080/09645292.2012.679338
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    Cited by:

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    4. Piero Esposito & Sergio Scicchitano, 2023. "Drivers of skill mismatch among Italian graduates: the role of personality traits," Applied Economics, Taylor & Francis Journals, vol. 55(40), pages 4642-4663, August.
    5. Bonacini, Luca & Gallo, Giovanni & Scicchitano, Sergio, 2021. "Sometimes you cannot make it on your own. How household background influences chances of success in Italy," GLO Discussion Paper Series 832, Global Labor Organization (GLO).

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    More about this item

    JEL classification:

    • C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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