In many countries, the skilled labor market has lagged behind educational expansion. As a result of increased competition, younger cohorts of the highly educated face decreasing returns to education or overeducation. Surprisingly, decreasing occupational outcomes do not coincide empirically with...

Studying twelve countries over 30 years, we examine whether women's educational expansion has translated into a closing gender earnings gap. As educational attainment is cohortdependent, an Age-Period-Cohort analysis is most appropriate in our view. Using the Luxembourg Income Study (LIS) data,...