This paper studies the impact of exam luck on individuals’ education and labor market success. We leverage unique … features of the Norwegian education system that produce random variation in the content of the exams taken by students at the … those generated by well-known education inputs, such as parental education and teacher quality. …

universities in the region, affects earnings one and ten years after graduation, controlling for the individual's SAT score. One … year after graduation, high SAT score students earn 12% less if their university's regional rank is worse by 35 places …, conditional on absolute university quality. This effect disappears ten years after graduation. The results suggest initial job …

changes in coefficients of dummy variables for higher education degrees in the wage equation and evolution of wage inequality …

model that links education and occupation choices. The model finds that routinization decreased returns in non- college …

This paper examines how policies, aimed at increasing the supply of education in the economy, affect the matching … invest in education, while firms direct their technology toward skill intensive production activities. Search frictions … induce mismatch on both extensive (unemployment) and intensive (over-education) margins, with ensuing wage consequences. We …

workers born in developed countries benefit from positive wage returns to their years of attained-, required and over-education … results show that the wage return to a year of over-education is positive but lower than that to a year of required education ….e. workers with the same level of education in jobs that match their education). However, the magnitude of this wage penalty is …

, the estimates show that origin-based differences in over-education wage penalties significantly depend on both … demographics (workers' region of birth, education, and gender) and employer characteristics (firm size and collective bargaining). …