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Does Over-education Influence French Economic Growth

Author

Listed:
  • Magali Jaoul-Grammare

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

  • Jean-Pascal Guironnet

    (CREUSET - Centre de Recherche Economique de l'Université de Saint-Etienne - UJM - Université Jean Monnet - Saint-Étienne)

Abstract

In the last two decades, France has experienced an increase in mismatches between education and work. This article studies twenty two years of French productivity to highlight the causes and effects of over-education on the employee wages and the national income. From the INSEE and Cereq data, this analysis shows a positive effect in the short term on wages of the least qualified and overeducated worker. Furthermore, over-education phenomenon does not penalize the higher graduates. Paradoxically, if it is always profitable for individuals to increase their education investment; in term of growth, over-education of the higher graduates produce an unfavourable short term effect on GDP.

Suggested Citation

  • Magali Jaoul-Grammare & Jean-Pascal Guironnet, 2009. "Does Over-education Influence French Economic Growth," Post-Print hal-00430047, HAL.
    • Handle: RePEc:hal:journl:hal-00430047
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    References listed on IDEAS

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    Cited by:

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    2. SAM, Vichet, 2018. "Overeducation among graduates in developing countries: What impact on economic growth?," MPRA Paper 87674, University Library of Munich, Germany.
    3. Mariya Neycheva, 2021. "Qualification (Mis)Match for Upper Secondary and Higher Education," Social Sciences, MDPI, vol. 10(9), pages 1-15, August.
    4. Mariya Neycheva & Ivan Neychev, 2020. "Overeducation and Economic Growth: Theoretical Background and Empirical Findings for the Region of Central and Eastern Europe," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 124-142.
    5. Dorocki Sławomir & Borowiec Monika, 2012. "The process of transformation of academic centres as a factor upgrading the quality of human capital in the regions of France," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 18(18), pages 15-27, November.
    6. García Ramos, Yboon & Flores-Bazán, Fabian & Nicolas Hadjisavvas, 2017. "About the sum of quasiconvex functions," Working Papers 17-07, Centro de Investigación, Universidad del Pacífico.
    7. Teixeira, Aurora A.C. & Queirós, Anabela S.S., 2016. "Economic growth, human capital and structural change: A dynamic panel data analysis," Research Policy, Elsevier, vol. 45(8), pages 1636-1648.

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    More about this item

    Keywords

    Causality; Growth; Overeducation;
    All these keywords.

    JEL classification:

    • I2 - Health, Education, and Welfare - - Education
    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables

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