The career prospects of overeducated Americans.

Autor/inn/en	Clark, Brian; Joubert, Clément; Maurel, Arnaud
Institution	Forschungsinstitut zur Zukunft der Arbeit
Titel	The career prospects of overeducated Americans. Gefälligkeitsübersetzung: Karriereaussichten für überqualifizierte Amerikaner.
Quelle	Bonn (2014), 47 S. PDF als Volltext kostenfreie Datei Link als defekt meldenVerfügbarkeit
Reihe	IZA discussion paper. 8313
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Einkommensunterschied; Einkommenseffekt; Lohnhöhe; Beschäftigung; Unterqualifikation; Unterwertige Beschäftigung; Überqualifikation; USA
Abstract	In this paper we analyze career dynamics for the large share of U.S. workers who have more schooling than their peers in the same occupation. We use data from the NLSY79 combined with the CPS to analyze transitions into and out of overeducated employment, together with the corresponding effects on wages. Overeducation is a fairly persistent phenomenon at the aggregate and individual levels, with 66% of workers remaining overeducated after one year. Overeducation is not only more common, but also more persistent among blacks and low-AFQT individuals. Further, the hazard rate out of overeducation drops by about 60% during the first 5 years spent overeducated. However, the estimation of a mixed proportional hazard model suggests that this is attributable to selection on unobservables rather than true duration dependence. Finally, overeducation is associated with lower current as well as future wages, which points to the existence of scarring effects. (Author's abstract, IAB-Doku).
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2014/4