Job Mismatches and Labour Market Outcomes: Panel Evidence on Australian University Graduates

Kostas Mavromaras, Seamus McGuinness, Nigel C. O'Leary (), Peter Sloane and Zhang Wei ()
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Nigel C. O'Leary: Swansea University
Zhang Wei: University of Adelaide

No 5083, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: The interpretation of graduate mismatch manifested either as overeducation or as overskilling remains problematical. This paper uses annual panel information on both educational and skills mismatches uniquely found in the HILDA survey to analyse the relationship of both mismatches with pay, job satisfaction and job mobility. We find that overeducation and overskilling are distinct phenomena with different labour market outcomes and that their combination results in the most severe negative labour market outcomes. Using panel methodology reduces strongly the size of many relevant coefficients, questioning previous cross-section results and suggesting the presence of considerable unobserved heterogeneity which varies by gender.

Keywords: mobility; satisfaction; overeducation; overskilling; wages (search for similar items in EconPapers)
JEL-codes: J24 J31 (search for similar items in EconPapers)
Pages: 47 pages
Date: 2010-07
New Economics Papers: this item is included in nep-edu and nep-lab
References: View complete reference list from CitEc
Citations: View citations in EconPapers (19)

Published - published in: Economic Record, 2013, Vol 89, No 286, 382-395

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