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 …

education in Switzerland. We find no significant average effects of voucher-induced adult education on earnings, employment, and … subsequent education one year after treatment. But effects are heterogeneous: Low-education individuals are most likely to profit … from adult education, but least likely to use the voucher. The findings cast doubt on the effectiveness of existing …