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Educational Mismatch in the Czech Labour Market

Martina Mysíková ()

Chapter 36 in Investigaciones de Economía de la Educación, 2014, vol. 9, pp 699-714 from Asociación de Economía de la Educación

Abstract: Educational mismatch in labour markets is a phenomenon that has been widely analysed, mainly with respect rising concerns about possible oversupply of graduates. Similarly to most European countries, the Czech Republic has experienced a boom in tertiary education in the last decade. The incidence and the determinants of over- and undereducation vary substantially depending on both the approach of the mismatch measurement and the data source applied. Educational mismatch also reflects in wage levels. First, overeducated workers have lower wages and undereducated workers have higher wages compared to workers with the same education whose jobs match their education. Second, overeducated workers earn more and undereducated workers earn less than their co-workers with exactly the required level of education. The effects are qualitatively the same regardless the data source or approach applied but their sizes differ slightly according to the approach and data applied.

Keywords: educational economics; human capital; overeducation; undereducation; wages (search for similar items in EconPapers)
JEL-codes: I21 J24 J31 (search for similar items in EconPapers)
Date: 2014
ISBN: 978-84-942418-8-8
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Journal Article: Educational mismatch in the Czech Labour Market (2016) Downloads
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