Education mismatch and qualification mismatch: monetary and non-monetary consequences for workers
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Knowledge AreaEconomía Aplicada
PublisherUniversidad de Maastricht. Research Centre for Education and the Labour Market (ROA)
Bibliographic CitationBADILLO AMADOR, Lourdes, 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. 312 p.
KeywordsDesajuste en la cualificación
Desajuste en la educación
Trabajador no cualificado
Diferencia de salario
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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