{"title":"Master’s degree studies and its impact on vertical and horizontal mismatch in Spain","authors":"Gabriela Morejón Cabrera, Petr Mariel","doi":"10.1007/s40888-024-00339-w","DOIUrl":null,"url":null,"abstract":"<p>The goal of this study is to analyse the vertical and horizontal mismatches of graduates in the Spanish labour market focusing on the effect that a master’s degree has in each of these two mismatches. The analysis is based on the data from the Survey on the Labour Insertion of University Graduates carried out by the Spanish Statistical Office in 2019. The main conclusions stress the importance of vertical and horizontal mismatches in the Spanish labour market. The results of the quantitative analysis based on the binary and ordered logit indicate that the master’s degree can reduce the vertical mismatch. Moreover, a wider offer of master’s degrees in some fields such as health could reduce the horizontal mismatch. Eventually, some policy measures to reduce the two mismatches are proposed. To the best of our knowledge, this is the first study to analyse both horizontal and vertical job-education mismatches among Spanish graduates, including those with a Master's degree. Thus, this study is pioneering in assessing the impact of Master's degrees in reducing educational mismatches. In addition, it shows how the likelihood of these mismatches changes with increasing work experience.</p>","PeriodicalId":44858,"journal":{"name":"Economia Politica","volume":"26 1","pages":""},"PeriodicalIF":2.8000,"publicationDate":"2024-07-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economia Politica","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1007/s40888-024-00339-w","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The goal of this study is to analyse the vertical and horizontal mismatches of graduates in the Spanish labour market focusing on the effect that a master’s degree has in each of these two mismatches. The analysis is based on the data from the Survey on the Labour Insertion of University Graduates carried out by the Spanish Statistical Office in 2019. The main conclusions stress the importance of vertical and horizontal mismatches in the Spanish labour market. The results of the quantitative analysis based on the binary and ordered logit indicate that the master’s degree can reduce the vertical mismatch. Moreover, a wider offer of master’s degrees in some fields such as health could reduce the horizontal mismatch. Eventually, some policy measures to reduce the two mismatches are proposed. To the best of our knowledge, this is the first study to analyse both horizontal and vertical job-education mismatches among Spanish graduates, including those with a Master's degree. Thus, this study is pioneering in assessing the impact of Master's degrees in reducing educational mismatches. In addition, it shows how the likelihood of these mismatches changes with increasing work experience.
期刊介绍:
This journal publishes peer-reviewed articles that link theory and analysis in political economy, promoting a deeper understanding of economic realities and more effective courses of policy action. Established in 1984, the journal has kept pace with the times in disseminating high-quality and influential research aimed at establishing fruitful links between theories, approaches and institutions. With this relaunch (which combines Springer’s worldwide scientific scope with the Italian cultural roots of il Mulino and Fondazione Edison, whose research has been published by the two mentioned publishers for many years), the journal further reinforces its position in the European and international economic debate and scientific community. Furthermore, this move increases its pluralistic attention to the role that – at the micro, sectoral, and macro level – institutions and innovation play in the unfolding of economic change at different stages of development.