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Overeducation, skill mismatches, and labor market outcomes for college graduates

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  • Peter J. Sloane

    (Swansea University, UK, Flinders University, Australia, and IZA, Germany)

Abstract

There is evidence that many college graduates are employed in jobs for which a degree is not required, and in which the skills they learned in college are not being fully used. Most of the literature on educational or skill mismatch is based on cross-sectional data, providing information at just one point in time. Drawing meaningful conclusions about mismatch, its dynamics, and its relationship to wages, job satisfaction, and job mobility requires panel data, which can reach more nuanced conclusions by allowing for individual differences, e.g. choosing a job because it offers compensation.

Suggested Citation

  • Peter J. Sloane, 2014. "Overeducation, skill mismatches, and labor market outcomes for college graduates," IZA World of Labor, Institute of Labor Economics (IZA), pages 1-88, November.
    • Handle: RePEc:iza:izawol:journl:y:2014:n:88
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    References listed on IDEAS

    as
    1. Kampelmann, Stephan & Rycx, François, 2012. "The impact of educational mismatch on firm productivity: Evidence from linked panel data," Economics of Education Review, Elsevier, vol. 31(6), pages 918-931.
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    6. Kostas Mavromaras & Seamus McGuinness & Nigel O'Leary & Peter Sloane & Zhang Wei, 2013. "Job Mismatches and Labour Market Outcomes: Panel Evidence on University Graduates," The Economic Record, The Economic Society of Australia, vol. 89(286), pages 382-395, September.
    7. John Robst, 2007. "Education, College Major, and Job Match: Gender Differences in Reasons for Mismatch," Education Economics, Taylor & Francis Journals, vol. 15(2), pages 159-175.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    overeducation; skill mismatch; overskilling; graduates;
    All these keywords.

    JEL classification:

    • I20 - Health, Education, and Welfare - - Education - - - General
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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