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The Utilisation of Education and Skills: Non-Pecuniary Consequences Among Graduates

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  • Shujaat Farooq

    (Pakistan Institute of Development Economics (PIDE), Islamabad.)

Abstract

In this study, an attempt has been made to estimate the incidences of the job mismatch and its determinants in Pakistan. This study has divided the job mismatch into three categories: qualification-job mismatch, skill mismatch and field of study mismatch. The primary dataset has been used in which employed graduates of the formal sector have been targeted. The paper has also measured the qualification-job mismatch by three approaches, and found that about one-third of the graduates have been facing qualification-job mismatch. Similarly, more than one-fourth of the graduates are mismatched in skills, about half of them are over-skilled and the rest are under-skilled. The analysis also shows that 11.3 percent of the graduates have irrelevant, and 13.8 percent have slightly relevant jobs to their field of study. The analysis reveals that over-qualified and over-skilled graduates are less satisfied, while under-qualified and under-skilled graduates are more satisfied with their current jobs. A similar situation has been observed in case of the field of study mismatch, where both the moderate and complete fields of study matched graduates are more satisfied than the mismatched ones. The job search behaviour is positively associated with the level of education. Over-qualification has a positive impact, while under-qualification has a negative effect to search for another job. A good match between field of study and current job reduces the likelihood of intention to quit the job.

Suggested Citation

  • Shujaat Farooq, 2017. "The Utilisation of Education and Skills: Non-Pecuniary Consequences Among Graduates," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 56(1), pages 1-17.
    • Handle: RePEc:pid:journl:v:56:y:2017:i:1:p:1-17
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    File URL: http://www.pide.org.pk/pdf/PDR/2017/Volume1/1-17.pdf
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    References listed on IDEAS

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    More about this item

    Keywords

    Education and Inequality; Higher Education; Human Capital; Labour Market;
    All these keywords.

    JEL classification:

    • I23 - Health, Education, and Welfare - - Education - - - Higher Education; Research Institutions
    • I24 - Health, Education, and Welfare - - Education - - - Education and Inequality
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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