Maier, Michael; Pfeiffer, Friedhelm; Pohlmeier, Winfried - Fachbereich Wirtschaftswissenschaften, Universität Konstanz - 2003
and skill obsolescence. Assuming heterogeneous returns to schooling and overeducation we use the potential outcome … overeducation are lower than the average returns to required educuation, which differs from the evidence find in most traditional … studies. There is evidence for considerable heterogeneity in the expected returns to overeducation. For 20 to 30% of the …