Buchel, Felix; Mertens, Antje - In: Applied Economics 36 (2004) 8, pp. 803-816
The theory of career mobility (Sicherman and Galor, Journal of Political Economy, 98(1), 169-92, 1990) claims that wage penalties for overeducated workers are compensated by better promotion prospects. Sicherman (Journal of Labour Economics, 9(2), 101-22, 1991) was able to confirm this theory in...