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The returns to schooling are estimated for 28 European and Central Asian countries using the Mincerian function. Our results show that while the public sector pays on average more than the private sector, the effect of education on earnings is stronger in the private sector. However, the returns...
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Having highly educated workers can be beneficial for organizations in terms of innovation and problem-solving capabilities, however when underpaid and underemployed, overeducated workers may experience feelings of frustration and stagnation as they are unable to fully utilize their skills and...
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This paper is among the firsts to investigate the impact of overeducation and overskilling on workers' wages using a …
Persistent link: https://www.econbiz.de/10013041426
Overeducated workers are more productive and have higher wages in comparison to their adequately educated coworkers in … the same jobs. However, they face a series of challenges in the labor market, including lower wages in comparison to their … performance pay jobs as an adjustment mechanism and that performance pay moderates their wages. Using German Socio-Economic Panel …
Persistent link: https://www.econbiz.de/10014342988
Mincerian quantile wage regression estimation, the analysis reveals interesting findings. First, on average, overeducated … and social benefits of education in terms of productivity gains and wages as well as to reduce wage dispersion. …
Persistent link: https://www.econbiz.de/10012268432
-skilled workers with wages just above the minimum wage, but negative effects for high-skilled top earners in East Germany, where the …
Persistent link: https://www.econbiz.de/10012285605
The initial earnings of U.S. immigrants vary enormously by country of origin. Via three interrelated analyses, we show earnings convergence across source countries with time in the United States. Human-capital theory plausibly explains the inverse relationship between initial earnings and...
Persistent link: https://www.econbiz.de/10012130585