Educational Mismatch Among Ph.D.s: Determinants and Consequences

Keith Bender and John Heywood

No 12693, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Using the Survey of Doctoral Recipients, the magnitude and consequences of job mismatch are estimated for Ph.D.s in science. Approximately one-sixth of academics and nearly one-half of nonacademics report some degree of mismatch. The influence of job mismatch is estimated for three job outcomes: earnings, job satisfaction and turnover. Surprisingly large and robust influences emerge. Mismatch is associated with substantially lower earnings, lower job satisfaction and a higher rate of turnover. These results persist across a variety of specifications and hold for both academics and nonacademics. Estimates of the determinants of mismatch indicate that older workers and those in rapidly changing disciplines are more likely to be mismatched and there is a suggestion that women are more likely to be mismatched.

JEL-codes: J24 J28 J44 (search for similar items in EconPapers)
Date: 2006-11
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-sog
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Published as Keith A. Bender & John S. Heywood, 2009. "Educational Mismatch among Ph.D.s: Determinants and Consequences," NBER Chapters, in: Science and Engineering Careers in the United States: An Analysis of Markets and Employment, pages 229-255 National Bureau of Economic Research, Inc.

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Chapter: Educational Mismatch among Ph.D.s: Determinants and Consequences (2009)
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