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This paper examines the factors determining variations in spatial rates of overeducation. A quantile regression model has been implemented on a sample of region-yearly data drawn from the EU Survey on Income and Living Conditions (EU-SILC) and several institutional and macroeconomic features...
Persistent link: https://www.econbiz.de/10011543640
We address the impact of education upon wage inequality by drawing on evidence from fifteen European countries, during a period ranging between 1980 and 1995. We focus on within-educational-levels wage inequality by estimating quantile regressions of Mincer equations and analysing the...
Persistent link: https://www.econbiz.de/10011325999
Risk averse investors have to be compensated in higher expected returns when facing investments with higher risk. Education is an important investment therefore we use the results for 16 countries to test the positive relationship between return to education and the risk involved in this...
Persistent link: https://www.econbiz.de/10011402654
This paper uses data from the Cedefop European Skills and Jobs (ESJ) survey, a new international dataset of adult workers in 28 EU countries, to decompose the wage penalty of overeducated workers. The ESJ survey allows for integration of a rich, previously unavailable, set of factors in the...
Persistent link: https://www.econbiz.de/10011451997
holders in Europe (i.e. in EU Member States and the UK), but also by estimating their wage penalty relative to what they could …
Persistent link: https://www.econbiz.de/10013275384
This paper is among the firsts to investigate the impact of overeducation and overskilling on workers' wages using a unique pan-European database covering twenty-eight countries for the year 2014, namely the CEDEFOP's European Skills and Jobs (ESJ) survey. Overall, the results suggest a wage...
Persistent link: https://www.econbiz.de/10013163647
This paper explores the connection between education and wage inequality in nine European countries. We exploit the quantile regression technique to calculate returns to lower secondary, upper secondary and tertiary education at different points of the wage distribution. We find that returns to...
Persistent link: https://www.econbiz.de/10003115149
quality jobs. For Europe at large, persistent skill gaps and mismatches come at economic and social costs. This paper reviews … the recent economic literature on skill mismatch and skill shortages with a focus on Europe a focus on Europe. …
Persistent link: https://www.econbiz.de/10012006266
For most workers, access to suitable employment is severely restricted by the fact that they look for jobs in the regional labour market rather than the global one. In this paper we analyse how macro-level opportunities (regional labour market characteristics) and microlevel restrictions (the...
Persistent link: https://www.econbiz.de/10011405908
The theory of differential overqualification, developed by Robert Frank (1978), claims that married women in smaller labor markets have a higher risk of working in jobs for which they are overqualified. This stems from the problem of dual job search for couples which is much more difficult to...
Persistent link: https://www.econbiz.de/10011411661