This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...

Occupational mismatch is a wide-spread phenomenon among immigrants in many European countries. Mismatch, predominantly measured in terms of education, is often regarded as a waste of human capital. Such discussions, however, ignore the imperfect comparability of international educational degrees...

Using data from the SOEP, we analyze the wellbeing impact of underemployment through overeducation to examine a broader definition of employment loss. Persons leaving a job through exogenous reasons but entering directly into immediate employment may not find a perfect employment match and...