Leuven, Edwin; Oosterbeek, Hessel - In: Handbook of the economics of education : volume 4, (pp. 283-326). 2011
This chapter surveys the economics literature on overeducation. The original motivation to study this topic reports that the strong increase in the number of college graduates in the early 1970s in the United States led to a decrease in the returns to college education. We argue that Duncan and...