Careers and Mismatch for College Graduates: College and Noncollege Jobs

Andrew Agopsowicz, Chris Robinson, Ralph Stinebrickner and Todd Stinebrickner

Journal of Human Resources, 2020, vol. 55, issue 4, 1194-1221

Abstract: A large literature studies the wage consequences of “overeducation” in the sense of a worker, by some measure, having a higher level of education than is required for the job. We use unique new data to reexamine the common interpretation that initial overeducation represents a harmful type of mismatch that arises due to information-induced frictions. We contrast this with the alternative that college graduates are heterogeneous with respect to their human capital and that the labor market is appropriately allocating them to jobs, even when many are observed starting in jobs that do not require a college degree.

Date: 2020
Note: DOI: 10.3368/jhr.55.4.0517-8782R1
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Related works:
Working Paper: Do higher salaries yield better teachers and better student outcomes? (2018)
Working Paper: Do higher salaries yield better teachers and better student outcomes? (2018)
Working Paper: Careers and Mismatch for College Graduates: College and Non-college Jobs (2017)
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