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Overeducation and Wages in Europe: Evidence from Quantile Regression

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Abstract

La literatura existente ha asumido que el efecto de la sobre-educación es constante a lo largo de la distribución condicional de salarios. En este artículo usamos la regresión cuantílica con datos de 12 países europeos para mostrar que las diferencias entre los segmentos de la distribución de los hechos son grandes. Sobretodo, analizamos hasta qué punto la sobre-educación está relacionada con la falta de habilidades.

Suggested Citation

  • Ana I. Moro Egido & Santiago Budría, 2007. "Overeducation and Wages in Europe: Evidence from Quantile Regression," Economic Working Papers at Centro de Estudios Andaluces E2007/04, Centro de Estudios Andaluces.
  • Handle: RePEc:cea:doctra:e2007_04
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    References listed on IDEAS

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    1. van der Meer, Peter & Wielers, Rudi, 1996. "Educational Credentials and Trust in the Labor Market," Kyklos, Wiley Blackwell, vol. 49(1), pages 29-46.
    2. 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.
    3. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, Oxford University Press, vol. 87(3), pages 355-374.
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    Cited by:

    1. Hong-Kyun Kim & Seung C. Ahn & Jihye Kim, 2012. "Vertical and Horizontal Education-Job Mismatches in the Korean Youth Labor Market : A Quantile Regression Approach," Working Papers 1201, Research Institute for Market Economy, Sogang University.
    2. Alessandro Tampieri, 2010. "The Sex and the Uni: Educational Assortative Matching the Over-Education," Discussion Papers in Economics 10/05, Department of Economics, University of Leicester.
    3. Ghignoni, Emanuela & Verashchagina, Alina, 2014. "Educational qualifications mismatch in Europe. Is it demand or supply driven?," Journal of Comparative Economics, Elsevier, vol. 42(3), pages 670-692.
    4. Lamo, Ana & Messina, Julián, 2010. "Formal education, mismatch and wages after transition: Assessing the impact of unobserved heterogeneity using matching estimators," Economics of Education Review, Elsevier, vol. 29(6), pages 1086-1099, December.
    5. Kim, Hong-Kyun & Ahn, Seung C. & Kim, Jihye, 2016. "The Income Penalty Of Vertical And Horizontal Education-Job Mismatches In The Korean Youth Labor Market: A Quantile Regression Approach," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 57(1), pages 67-90, June.
    6. Kelly, Elish & O'Connell, Philip J. & Smyth, Emer, 2010. "The economic returns to field of study and competencies among higher education graduates in Ireland," Economics of Education Review, Elsevier, vol. 29(4), pages 650-657, August.

    More about this item

    Keywords

    Returns to education; overeducation; quantile regression; skills heterogeneity; rendimiento de la educación; sobre-educación; regresión cuantílica; heterogeneidad en la habilidad.;

    JEL classification:

    • C29 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Other
    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

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