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Over-education among italian Ph.D. graduates. Does the crisis make a difference?

Author

Listed:
  • Barbara Ermini

    () (Università Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

  • Luca Papi

    () (Università Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali, MoFiR)

  • Francesca Scaturro

    () (Università Politecnica delle Marche, Dipartimento di Scienze Economiche e Sociali)

Abstract

The paper examines the determinants of over-education among Italian Ph.D graduates drawn from the four cohorts 2004, 2006, 2008, 2010 surveyed by the Italian National Institute of Statistics (ISTAT). We attempt to disentangle the differentiated effects of the economic crisis and the university reform that recently hit the Italian labour market. We examine over-education through the definitions of over-skilling, over-qualification and a combination of the two. The results show that socio-demographic variables do not exert a relevant influence on over-education. Conversely, job attributes such as working in academia or carrying out R&D activities reduce the likelihood of incurring into over-education. Instead, accessing the job via informal channels or working as self-employed increase the risk of over-education, with a stronger effect during the recession. Among Ph.D related features, visiting abroad is always a driver to overcome any kind of job mismatch. Generally, benefiting from financial support is a propelling factor to reduce over-education; it is effective in reducing qualification mismatch especially during the downturn. In the light of the above findings, some policy advices are proposed.

Suggested Citation

  • Barbara Ermini & Luca Papi & Francesca Scaturro, 2016. "Over-education among italian Ph.D. graduates. Does the crisis make a difference?," Mo.Fi.R. Working Papers 126, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
  • Handle: RePEc:anc:wmofir:126
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    More about this item

    Keywords

    over-education; over-skilling; over-qualification; Ph.D graduates; crisis;

    JEL classification:

    • C2 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables
    • I2 - Health, Education, and Welfare - - Education
    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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