This study investigates whether young unemployed graduates who accept a job below their level of education accelerate … or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to … started searching for a job right after leaving formal education. We find that overeducation is a trap. This trap is …

This paper argues that the consumption value of education is an important motivation for the educational choice. While … particular type of higher education. We document that the individuals who attended Teachers’ College in Norway during the 1960's …

The consumption value of higher education is an important factor behind the individual’s educational choice. We provide … higher education. We provide new empirical evidence for the willingness to pay for the consumption value of a particular type … of higher education. Even when controlling for ability selection, we find on US data that Liberal Arts graduates were …