Overskilling dynamics and education pathways

Kostas Mavromaras and Seamus McGuinness

Economics of Education Review, 2012, vol. 31, issue 5, 619-628

Abstract: This paper uses panel data and econometric methods to estimate the incidence and the dynamic properties of overskilling among employed individuals. The paper begins by asking whether there is extensive overskilling in the labour market, and whether overskilling differs by education pathway. The answer to both questions is yes. The paper continues by asking whether overskilling is a self-perpetuating labour market state (state dependence), and whether state dependence differs by education pathway. Overskilled workers with a higher degree show the highest state dependence, while workers with vocational education show none. Workers with no post-school qualifications are somewhere between these two groups. The finding that higher degree graduates suffer the greatest overskilling state dependence, combined with the well-established finding that they also suffer the highest overskilling wage penalty, suggests that the cost of mismatch among this grouping are greater relative to vocationally qualified workers.

Keywords: Overskilling; Education pathways; Dynamic estimation; State-dependence (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (64)

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Related works:
Working Paper: Overskilling Dynamics and Education Pathways (2009)
Working Paper: Overskilling Dynamics and Education Pathways (2009)
Working Paper: Overskilling Dynamics and Education Pathways (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecoedu:v:31:y:2012:i:5:p:619-628

DOI: 10.1016/j.econedurev.2012.02.006

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