Education mismatch and qualification mismatch: monetary and non-monetary consequences for workers
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URI: http://hdl.handle.net/10317/1116Share
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Economía AplicadaPublication date
2006Publisher
Universidad de Maastricht. Research Centre for Education and the Labour Market (ROA)Bibliographic Citation
BADILLO AMADOR, Lourdes y VILA LLADOSA, Luis E. Education mismatch and qualification mismatch: monetary and non-monetary consequences for workers. En: ROA Seminars. Maastricht: Universidad: Research Centre for Education and the Labour Market, 2006. P. 312.Keywords
Desajuste en la cualificaciónDesajuste en la educación
Trabajador cualificado
Trabajador no cualificado
Diferencia de salario
Consecuencia monetaria
Educational mismatch
Qualification mismatch
Skilled worker
Unskilled worker
Wage gap
Monetary consequence
Abstract
Using Spanish data from European Union Household Panel Survey corresponding to
2001, we find that the incidence and the consequences, monetary and non-monetary, are
different for the job-worker qualification and education mismatches. In fact, only 36%
of workers have the same type of fit under both criterions of classification. Additionally,
the qualification mismatches have worse consequences for workers than education
mismatches. Specifically, the monetary consequences are neutrals for overqualified
workers, but negatives for underqualified workers, while the wage of educational
mismatched workers is not significantly different of those who have similar
characteristics and are accurately match in terms of formal education. However, the
overeducated workers earn higher wages than their well-matched co-workers and the
wage penalization for one year of undereducation is lower than the reward for one year
of required education. On the other hand, the analysis of the non-moneta ...
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