Büchel, Felix; Mertens, Antje - 2001
The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are … undereducated workers enjoy higher rates of relative wage growth. Our results cast serious doubt on the career mobility model, at … and upward career mobility, the plausibility of our results is supported by the finding that overeducated workers have …