RETURNS FOR OVER-EDUCATION AND UNDER-EDUCATION FOR 25 EUROPEAN COUNTRIES (A tul- es alulkepzes berhozama 25 europai orszagban)

• Authors: Galasi Peter
• Languages of publication: HU

Abstracts

EN

Using the Duncan-Hoffman model, the paper estimates returns for educational mismatch using comparable micro data for 25 European countries. The aim is to gauge the extent to which the main empirical regularities shown in other papers on the subject are confirmed by this data base. Based on tests proposed by Hartog and Oosterbeek, the author also considers whether the observed empirical patterns accord with the Mincerian basic human-capital model and Thurow's job-competition model. Heckman's sample-selection estimator shows the returns to be fairly consistent with those found in the literature; the job-competition model and the Mincerian human-capital model can be rejected for most countries.

Keywords

EN

HUMAN CAPITAL AND SKILLS; LABOR FORCE AND EMPLOYMENT; LABOR PRODUCTIVITY; OCCUPATIONAL CHOICE

Discipline

• ECONOMICS: ECONOMICS

• Publisher: Committee for Economic Sciences of the Hungarian Academy of Sciences
• Journal: Kozgazdasagi Szemle (Economic Review)
• Year: 2009
• Volume: 56
• Issue: 3
• Pages: 197-215
• Document type: ARTICLE

Contributors

author

Galasi Peter

• Peter Galasi, no address given, contact the journal editor

Identifiers

CEJSH db identifier

10HUAAAA078727