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Overeducation: dynamics, wounds and scars
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Resumo(s)
The present study investigates the extent to which the effects of entering the labor market in overeducated positions pertrain throughout workers careers. Adopting a time-to-event modeling approach, we analyze overeducation persistency and evaluate the existence of state duration dependence. We further investigate future earnings effects associated with past overeducation employment. Our results report strong entrapment effects rising from overeducation and for overeducated workers to yield lower returns for their schooling investment than their equally matched peers. We also conclude the effects of overeducation to perpetuate to future job allocations, with workers having an overeducation employment background reported as suffering wage losses ranging from 3.5% to 14%.
Descrição
A Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economics
Palavras-chave
Duration Overeducation Scarring wage effects State depedence