Overeducation and earnings in the Australian graduate labour market: an application of the Vahey model

Ian Li and Paul Miller

Education Economics, 2015, vol. 23, issue 1, 63-83

Abstract: This study explores the effects on earnings of overeducation, required education, and undereducation (ORU) in the Australian graduate labour market, using data from the 1999-2009 Graduate Destination Surveys. The Vahey [2000. "The Great Canadian Training Robbery: Evidence on the Returns to Educational Mismatch." Economics of Education Review 19 (2): 219-227] dummy variable specification, which permits an assessment of ORU earnings effects at different extents of educational mismatch, is adopted in the analysis. The findings reveal that while ORU earnings effects vary considerably across different extents of mismatch, earnings penalties were especially large in lower job categories. There is a strong tendency for earnings to follow jobs and for the distinction among types of university qualifications to lessen the more extensive the overeducation.

Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Downloads: (external link)
http://hdl.handle.net/10.1080/09645292.2013.772954 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:edecon:v:23:y:2015:i:1:p:63-83

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CEDE20

DOI: 10.1080/09645292.2013.772954

Access Statistics for this article

Education Economics is currently edited by Caren Wareing and Steve Bradley

More articles in Education Economics from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().