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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...
Persistent link: https://www.econbiz.de/10013357569
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...
Persistent link: https://www.econbiz.de/10014556438
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
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
Recentered Influence Function. The results reveal that overeducation hits the wages of those Ph.D. holders who are employed in …
Persistent link: https://www.econbiz.de/10012130684
This essay delivers two main innovations with respect to the existing literature. First, and foremost, by extending the work of Nicaise (2010) relative to the reservation wage to the case of overeducation, we propose a statistical test to discriminate between alternative theoretical...
Persistent link: https://www.econbiz.de/10012109085
We comment on the work of Hanushek et al. (2015) and show that returns to skills are very heterogeneous and depend crucially on the tasks performed in the workplace, in line with the critique by Acemoglu and Autor (2011). Depending on the type of tasks performed at work, as well as on...
Persistent link: https://www.econbiz.de/10012114625
This study examines the impact that over-education has on the earnings of private and public sector workers in Trinidad and Tobago. Using individual person's data from the Continuous Sample Survey of the Population (CSSP) for the period 1991-2015, the returns of over-educated workers is...
Persistent link: https://www.econbiz.de/10012501293