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Educational and skills mismatches: unravelling their effects on wages across Europe

par Cultrera, Loredana;Mahy, Benoit ;Rycx, François ;Vermeylen, Guillaume
Référence Education economics, 30, 6, page (561-573)
Publication Publié, 2022-11-01

Article révisé par les pairs

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Résumé :

This paper is among the first to investigate the impact of over-education and over-skilling on workers’ wages using a unique pan-European database covering twenty-eight countries for the year 2014, namely the CEDEFOP’s European Skills and Jobs (ESJ) survey. Overall, the results suggest the existence of a wage penalty associated with over-education. When the educational and the skills mismatches are interacted with each other in order to distinguish apparent over-education from genuine over-education, the results highlight that the workers with the highest wage penalty are those who are both over-educated and over-skilled.