Is more always good? Over-education, job satisfaction and wages on the Czech labor market

Raufhon Salahodjaev

Society and Economy, 2015, vol. 37, issue 3, 403–414

Abstract: The notion of over-education has drawn considerable research attention since the work of Freeman (1976). This study provides evidence that education match matters for labor market outcomes. Using data from the REFLEX survey, we find that over-education and over-skilling has a significant negative impact on wages and job satisfaction in the Czech labor market. Secondly, we find that the wage penalty is stronger for female respondents. In contrast, overskilled and overeducated men are more dissatisfied than women.

Keywords: Czech Republic; job satisfaction; over-education; REFLEX; penalty; wage (search for similar items in EconPapers)
JEL-codes: J24 J28 (search for similar items in EconPapers)
Date: 2015
Note: The author would like to thank the anonymous reviewers for their valuable suggestions, as well as Darren Moloney for his helpful advice. Responsibility for all errors and omissions remains our own.
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