Labor Market Implications of Education MisMatch.

Autor/inn/en	Cervantes, Carla Varona; Cooper, Russell
Titel	Labor Market Implications of Education MisMatch. Gefälligkeitsübersetzung: Auswirkungen von Mismatch auf dem Arbeitsmarkt.
Quelle	In: European economic review, (2022) 148, Art. 104179 PDF als Volltext Link als defekt meldenVerfügbarkeit
Sprache	englisch
Dokumenttyp	online; Zeitschriftenaufsatz
ISSN	1873-572X
DOI	10.1016/j.euroecorev.2022.104179
Schlagwörter	Kognitive Kompetenz; Berufswahl; Deutschland; Italien; Japan; USA; Auswirkung; Internationaler Vergleich; Kognitive Kompetenz; Überqualifikation; Bildungsabschluss; Mismatch; Informelles Lernen; Bildungsabschluss; Informelles Lernen; Beschäftigungseffekt; Einkommenseffekt; Mismatch; Nachqualifizierung; Unterqualifikation; Unterwertige Beschäftigung; Überqualifikation; Ausbildungswahl; Berufswahl; Internationaler Vergleich; Auswirkung; Institution; Deutschland; Italien; Japan; USA
Abstract	"This project studies the impact of education mismatch on labor outcomes. Across our sample of OECD countries, there is evidence of mismatch in educational attainment, defined by a lack of assortative matching on ability in terms of educational attainment. Labor market outcomes are not independent of education mismatch. Our framework for analysis is a dynamic choice model, focusing on education and training decisions. From the estimation of model parameters, the main factor explaining education mismatch is dispersion across individuals in the perceived value of education. The estimated model is used to determine both the magnitude of the output loss from education misallocation and the transfer needed to compensate those whose educational attainment is independent of their tastes. From simulations of lifecycle dynamics and counterfactual experiments, among four key countries, education undermatch in Japan is sustained through labor market mechanisms while in Germany, Italy and the US, education undermatch is largely resolved in that these individuals are eventually employed in skilled jobs. Training plays a key role in these dynamics." The study refers to the period 2011-2012. (Author's abstract, IAB-Doku, © 2023 Elsevier)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2023/1