Over (under) education and wages: another look on the return to education

IF 1.5 Q2 EDUCATION & EDUCATIONAL RESEARCH

Journal of Education and Work Pub Date : 2023-05-17 DOI:10.1080/13639080.2023.2213475

Y. Gilboa

引用次数: 0

Abstract

ABSTRACT Much research has been made in recent years on the effect of over and under education on earnings. In this paper, I examine the validity of the assumption that the return to over (under) education is independent of the level of education. I use data from the PIAAC survey to estimate the return to education. The findings show that while this assumption might be valid for the return to under-education, it seems to be wrong for estimating the return to over-education. I offer an alternative model where the return to over-education or under-education is not linear and depends on the level of education.

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教育水平过高(过低)与工资:再看教育回报

近年来，人们对教育程度高和教育程度低对收入的影响进行了大量研究。在本文中，我检验了过度(不足)教育的回报与教育水平无关的假设的有效性。我使用PIAAC调查的数据来估计教育回报。研究结果表明，虽然这种假设可能对教育不足的回归是有效的，但在估计教育过剩的回归时似乎是错误的。我提供了另一种模型，其中教育过度或教育不足的回报不是线性的，而是取决于教育水平。

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

Journal of Education and Work EDUCATION & EDUCATIONAL RESEARCH-

CiteScore

2.70

自引率

14.30%

发文量

期刊介绍： The Journal of Education and Work is an international forum for academic research and policy analysis which focuses on the interplay of the education and economic systems. The journal examines how knowledge, skills, values and attitudes both about and for work and employment are developed within the education system. The journal also explores the various forms of industrial training and accreditation in the economic system, including changes in the economic and industrial infrastructure which influence the type of employees required. Work in the informal economy is also included.