Overeducation, earnings and job satisfaction among graduates in China

IF 5.2 1区 经济学 Q1 ECONOMICS
Melanie Jones , Ezgi Kaya , Jiarui Nan
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引用次数: 0

Abstract

Using nationally representative longitudinal data from the China Family Panel Studies (2014–2020), this paper examines the relationship between overeducation, earnings and job satisfaction among graduates in China. We find consistent evidence of wage and job satisfaction penalties across multiple established measures of overeducation, even after accounting for personal and work-related characteristics. Although widely discussed in the literature, differences in academic subject and cognitive and non-cognitive skills account for only a modest part of the pay penalty. Controlling for time-invariant unobserved heterogeneity reduces the size of overeducation pay penalties and, in several cases, removes their statistical significance, suggesting the role of other forms of unobserved individual heterogeneity.
中国毕业生过度教育、收入和工作满意度
本文利用中国家庭面板研究(2014-2020)具有全国代表性的纵向数据,研究了中国毕业生过度教育、收入和工作满意度之间的关系。即使在考虑了个人和工作相关的特征之后,我们也发现了一致的证据,证明工资和工作满意度在多个既定的过度教育措施中受到了惩罚。尽管在文献中被广泛讨论,但学术科目、认知和非认知技能的差异只占薪酬损失的一小部分。控制时不变的未观察到的异质性减少了过度教育薪酬惩罚的规模,在一些情况下,消除了它们的统计显著性,表明其他形式的未观察到的个体异质性的作用。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
中国经济评论
中国经济评论 ECONOMICS-
CiteScore
10.60
自引率
4.40%
发文量
380
期刊介绍: The China Economic Review publishes original works of scholarship which add to the knowledge of the economy of China and to economies as a discipline. We seek, in particular, papers dealing with policy, performance and institutional change. Empirical papers normally use a formal model, a data set, and standard statistical techniques. Submissions are subjected to double-blind peer review.
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