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Overeducation and economic mobility

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  • Markussen, Simen
  • Nareklishvili, Maria
  • Røed, Knut

Abstract

We assess the hypothesis that declining intergenerational economic mobility in Norway is attributable to a rising signaling value of education accompanied by more overeducation particularly among upper-class offspring. We identify five empirical facts that together point in this direction:

Suggested Citation

  • Markussen, Simen & Nareklishvili, Maria & Røed, Knut, 2024. "Overeducation and economic mobility," Economics of Education Review, Elsevier, vol. 103(C).
    • Handle: RePEc:eee:ecoedu:v:103:y:2024:i:c:s027277572400089x
    DOI: 10.1016/j.econedurev.2024.102595
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    References listed on IDEAS

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    10. Simen Markussen & Knut Røed, 2020. "Economic Mobility Under Pressure," Journal of the European Economic Association, European Economic Association, vol. 18(4), pages 1844-1885.
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    More about this item

    Keywords

    Overeducation; Intergenerational mobility; Returns to education; Signaling;
    All these keywords.

    JEL classification:

    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • I26 - Health, Education, and Welfare - - Education - - - Returns to Education
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J62 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Job, Occupational and Intergenerational Mobility; Promotion

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