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The scarring effect is defined as an increase in the probability of future unemployment spells and the reduction of subsequent wages as the result of joblessness early in one's working years. Many youths get into a rut at the beginning of their professional careers when they become unemployed,...
Persistent link: https://www.econbiz.de/10011517552
. We test two explanations, namely, formal overqualification and a mismatch of occupational skills. By using the National … mismatches. By using fixed-effects models, we confirm that overqualification is associated with a wage loss of approximately 5 … explain the wage loss of the formal overqualification of employees with vocational training. For academics, both types of …
Persistent link: https://www.econbiz.de/10011630745
The objective of this study is to assess how the duration of the unemployment spell of Macedonia youth affects later employment (the employment 'scarring' effect) and wage outcomes (the wage 'scarring' effect). To that end, we first devise a model in which the unemployment spell is determined by...
Persistent link: https://www.econbiz.de/10011580830
There is a substantial literature on the scarring effects of unemployment on future employment prospects and a smaller one on the scarring effects of low pay, but the possibility that skills mismatch in the form of skills under-utilisation, may also have similar detrimental effects, has not...
Persistent link: https://www.econbiz.de/10009754550
There is a substantial literature on the scarring effects of unemployment on future employment prospects and a smaller one on the scarring effects of low pay, but the possibility that skills mismatch in the form of skills under-utilisation, may also have similar detrimental effects, has not...
Persistent link: https://www.econbiz.de/10013080141
The phenomenon of overqualification is becoming increasingly common across many countries. In this research study, the … main objective is to examine factors that determine overqualification, the impact of overqualification on wages, and the … determining overqualification. The empirical results reveal that different sociodemographic, economic sector, and job …
Persistent link: https://www.econbiz.de/10015071744
The phenomenon of overqualification is becoming increasingly common across many countries. In this research study, the … main objective is to examine factors that determine overqualification, the impact of overqualification on wages, and the … determining overqualification. The empirical results reveal that different sociodemographic, economic sector, and job …
Persistent link: https://www.econbiz.de/10015050846
This paper provides the first available evidence on overeducation/overskilling based on AlmaLaurea data. We focus on jobs held 5 years after graduation by pre-reform graduates in 2005. Overeducation/overskilling are relatively high - at 11.4 and 8% - when compared to EU economies. Ceteris...
Persistent link: https://www.econbiz.de/10010224590
We assess students' ability to forecast future earnings, by using data on expected wages self-reported by college students with different graduation horizons. We find a significant gender gap, by which wages expectations are systematically lower for women than for men. However, the gender gap in...
Persistent link: https://www.econbiz.de/10013068075
This paper provides the first available evidence on overeducation/overskilling based on AlmaLaurea data. We focus on jobs held 5 years after graduation by pre-reform graduates in 2005. Overeducation/overskilling are relatively high – at 11.4 and 8% – when compared to EU economies. Ceteris...
Persistent link: https://www.econbiz.de/10013071750