Literaturnachweis - Detailanzeige
Autor/inn/en | Rycx, François; Santosuosso, Giulia; Vermeylen, Guillaume |
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Institution | Forschungsinstitut zur Zukunft der Arbeit |
Titel | The Over-Education Wage Penalty among PhD Holders: A European Perspective. Gefälligkeitsübersetzung: Die Lohnstrafe für Überqualifizierung bei Promovierten: Eine europäische Perspektive. |
Quelle | Bonn (2022), 33 S.
PDF als Volltext (1); PDF als Volltext (2) |
Reihe | IZA discussion paper. 15417 |
Sprache | englisch |
Dokumenttyp | online; Monographie |
Schlagwörter | Zufriedenheit; Einkommensunterschied; Einkommenseffekt; Arbeit; Beschäftigung; Unterwertige Beschäftigung; Überqualifikation; Promotion; Internationaler Vergleich; Angemessenheit; Arbeitspapier; Auswirkung; Hochschulabsolvent; Europa |
Abstract | "While the literature on the incidence and wage effects of over-education is substantial, specific results for doctoral graduates are surprisingly scarce. This article aims to fill this gap, not only by measuring the prevalence of over-educated PhD holders in Europe (i.e. in EU Member States and the UK), but also by estimating their wage penalty relative to what they could have earned in a job corresponding to their level of education. Using a unique pan-European dataset, we rely on two alternative measures of over-education and control stepwise for four groups of covariates (i.e. socio-demographic characteristics, skills needed for the job, other job-specific characteristics and motivations for employment) in order to interpret the over-education wage penalty in light of theoretical models. Depending on the specification adopted, we find that over-educated PhD holders face a wage penalty ranging from 25 to 13.5% with respect to their well-matched counterparts. Our results also show that the over-education wage penalty is significantly higher for PhD holders who are both over-educated and over-skilled and especially for those who are both over-educated and dissatisfied with their jobs. Finally, unconditional quantile regressions highlight that the over-education wage penalty among PhD holders increases greatly along the wage distribution." The study refers to the period 2014-2014. (Author's abstract, IAB-Doku). |
Erfasst von | Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg |
Update | 2023/1 |