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Educational mismatch in the Czech Labour Market

Listed author(s):
  • Mysíková Martina

    (National Training Fund, Opletalova 1, 110 00 Praha)

Educational mismatch in labour markets is a phenomenon that has been widely analysed, mainly with respect to rising concerns about a possible oversupply of graduates. Like most European countries, the Czech Republic has experienced a boom in tertiary education in the last decade. The incidence and determinants of over- and undereducation vary substantially depending both on the mismatch measurement approach and the data source applied. Educational mismatch is also reflected in wage levels: overeducated workers have lower wages and undereducated workers have higher wages than workers with the same education whose jobs match their education level. Second, overeducated workers earn more and undereducated workers earn less than their co-workers with exactly the required level of education. The effects are qualitatively the same regardless of the data source and measurement approach applied, but their sizes differ slightly.

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File URL: https://www.degruyter.com/view/j/revecp.2016.16.issue-2/revecp-2016-0008/revecp-2016-0008.xml?format=INT
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Article provided by De Gruyter Open in its journal Review of Economic Perspectives.

Volume (Year): 16 (2016)
Issue (Month): 2 (June)
Pages: 103-120

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Handle: RePEc:vrs:reoecp:v:16:y:2016:i:2:p:103-120:n:3
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  1. Hartog, Joop & Oosterbeek, Hessel, 1988. "Education, allocation and earnings in the Netherlands: 0verschooling?," Economics of Education Review, Elsevier, vol. 7(2), pages 185-194, April.
  2. Duncan, Greg J. & Hoffman, Saul D., 1981. "The incidence and wage effects of overeducation," Economics of Education Review, Elsevier, vol. 1(1), pages 75-86, February.
  3. van der Meer, Peter & Wielers, Rudi, 1996. "Educational Credentials and Trust in the Labor Market," Kyklos, Wiley Blackwell, vol. 49(1), pages 29-46.
  4. Bauer, Thomas K., 2002. "Educational mismatch and wages: a panel analysis," Economics of Education Review, Elsevier, vol. 21(3), pages 221-229, June.
  5. Gungor Karakaya & Robert Plasman & François Rycx, 2007. "Overeducation on the Belgian labour market: evaluation and analysis of the explanatory factors through two types of approaches," ULB Institutional Repository 2013/9395, ULB -- Universite Libre de Bruxelles.
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  7. Peter Gottschalk & Michael Hansen, 2003. "Is the Proportion of College Workers in Noncollege Jobs Increasing?," Journal of Labor Economics, University of Chicago Press, vol. 21(2), pages 409-448, April.
  8. Kiker, B. F. & Santos, Maria C. & de Oliveira, M. Mendes, 1997. "Overeducation and undereducation: Evidence for Portugal," Economics of Education Review, Elsevier, vol. 16(2), pages 111-125, April.
  9. Sandra Nieto, 2015. "Overeducation, skills and wage penalty: Evidence for Spain using PIAAC data," Investigaciones de Economía de la Educación volume 10,in: Marta Rahona López & Jennifer Graves (ed.), Investigaciones de Economía de la Educación 10, edition 1, volume 10, chapter 30, pages 597-616 Asociación de Economía de la Educación.
  10. Jacob A. Mincer, 1974. "Introduction to "Schooling, Experience, and Earnings"," NBER Chapters,in: Schooling, Experience, and Earnings, pages 1-4 National Bureau of Economic Research, Inc.
  11. Richard R. Verdugo & Naomi Turner Verdugo, 1989. "The Impact of Surplus Schooling on Earnings: Some Additional Findings," Journal of Human Resources, University of Wisconsin Press, vol. 24(4), pages 629-643.
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  14. Rubb, Stephen, 2003. "Overeducation: a short or long run phenomenon for individuals?," Economics of Education Review, Elsevier, vol. 22(4), pages 389-394, August.
  15. Sherwin Rosen, 1972. "Learning and Experience in the Labor Market," Journal of Human Resources, University of Wisconsin Press, vol. 7(3), pages 326-342.
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