By making use of Duncan & Hoffman's empirical model, the economic returns to overeducation and undereducation are estimated using comparable microdata from the middle of the 2000s for 25 European countries. The estimates confirm some of the main results found in the literature. The wage premium...

The introduction of the paper discusses the different opinions about income inequalities and income distribution. Further the author presents the most important alternative methods for measuring income inequalities. Contrary to the traditional income distribution analysis the underlying data...