Abstract:
Job-Schooling mismatch and wages has received too much attention from developed countries researchers. The last two decades has provided a lot of empirical evidences on the incidence of over and under-education across developed countries in different periods, and returns on ORU (over-education, required education, and under-education). A recent wave of empirical works has focused on deeper questions: (i) Are ORU returns a firm wage effect? (ii) Do ORU returns remain significant after controlling for unobserved workers heterogeneity? (iii) Is over-education a deliberate investment decision of workers in their careers? The goal of this paper is to provide evidence for these questions by using personnel records of a large Brazilian manufacturing plant.
Keywords:education; wages; over-education (search for similar items in EconPapers) JEL-codes:J31J41 (search for similar items in EconPapers) Date: 2007-01