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Title: | Are we wasting our talent? Overqualification and overskilling among PhD graduates |
Author: | Di Paolo, Antonio Mañé Vernet, Ferran |
Keywords: | Rendiment acadèmic Eficàcia de l'ensenyament Igualtat d'oportunitats educatives Recursos humans Academic achievement Effective teaching Educational equalization Human capital |
Issue Date: | 2014 |
Publisher: | Universitat de Barcelona. Institut de Recerca en Economia Aplicada Regional i Pública |
Series/Report no: | [WP E-AQR14/14] [WP E-IR14/26] |
Abstract: | Drawing on a very rich data set from a recent cohort of PhD graduates, we examine the correlates and consequences of qualification and skills mismatch. We show that job characteristics such as the economic sector and the main activity at work play a fundamental direct role in explaining the probability of being well matched. However, the effect of academic attributes seems to be mainly indirect, since it disappears once we control for the full set of work characteristics. We detected a significant earnings penalty for those who are both overqualified and overskilled and also showed that being mismatched reduces job satisfaction, especially for those whose skills are underutilized. Overall, the problem of mismatch among PhD graduates is closely related to demand-side constraints of the labor market. Increasing the supply of adequate jobs and broadening the skills PhD students acquire during training should be explored as possible responses. |
Note: | Reproducció del document publicat a: http://www.ub.edu/irea/working_papers/2014/201426.pdf |
It is part of: | IREA – Working Papers, 2014, IR14/26 AQR – Working Papers, 2014, AQR14/14 |
URI: | http://hdl.handle.net/2445/58946 |
ISSN: | 2014-1254 |
Appears in Collections: | AQR (Grup d’Anàlisi Quantitativa Regional) – Working Papers Documents de treball (Institut de Recerca en Economia Aplicada Regional i Pública (IREA)) Documents de treball / Informes (Econometria, Estadística i Economia Aplicada) |
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