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Educational Mismatch Among Ph.D.s: Determinants and Consequences

  • Keith A. Bender
  • John S. Heywood

Using the Survey of Doctoral Recipients, the magnitude and consequences of job mismatch are estimated for Ph.D.s in science. Approximately one-sixth of academics and nearly one-half of nonacademics report some degree of mismatch. The influence of job mismatch is estimated for three job outcomes: earnings, job satisfaction and turnover. Surprisingly large and robust influences emerge. Mismatch is associated with substantially lower earnings, lower job satisfaction and a higher rate of turnover. These results persist across a variety of specifications and hold for both academics and nonacademics. Estimates of the determinants of mismatch indicate that older workers and those in rapidly changing disciplines are more likely to be mismatched and there is a suggestion that women are more likely to be mismatched.

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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 12693.

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Date of creation: Nov 2006
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Publication status: published as Keith A. Bender & John S. Heywood, 2009. "Educational Mismatch among Ph.D.s: Determinants and Consequences," NBER Chapters, in: Science and Engineering Careers in the United States: An Analysis of Markets and Employment, pages 229-255 National Bureau of Economic Research, Inc.
Handle: RePEc:nbr:nberwo:12693
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