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The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are compensated by better promotion prospects. A corresponding empirical test by Sicherman (1991), using mobility to an occupation with higher human capital requirements as an indicator...
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decline in the demand for and the real wages of this group after 2000. We investigate empirically, whether there has been a … similar trend in Germany. Based on comprehensive, long-run administrative data for the years 1975 to 2010, we use a set of … education attainment and wages over time, we put a particular focus on changes of the task composition, the chances of entering …
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The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are compensated by better promotion prospects. Sicherman (1991) was able to confirm this theory in an empirical study. However, the controls for the opposing phenomenon of undereducation...
Persistent link: https://www.econbiz.de/10009616783