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EN
Qualification mismatch is defined as the difference between the level of qualifications held by employees and those required by the type of work they do. Basing on Kiker et al. (1997), a measure of overeducation and undereducation is proposed on the basis of the ISCO 08 classification of occupations. The dominant education level is determined for a given occupation’s 3-digit group on the basis of the distribution of education levels for employees in that occupation. Each individual having exactly the dominant level of education is considered well-matched. Those with higher levels of education are considered overeducated, those with lower levels − undereducated. An extended Mincer wage regression model with Heckman correction for non-random selection is estimated, using LFS data for Poland for the second quarter of 2013. Significant wage penalties are found in cases of overeducation status, along with positive wage premia for being undereducated, this confirming findings to be noted in the literature of other countries. Applying an approach after Duncan and Hoffman (1981), I find significant positive returns to years of overschooling and negative for underschooling. Young participants on the labour market (graduates) are less penalised for being overeducated, which suggests their overeducation is not necessarily a manifestation of lower ability.
EN
Educational mismatch in labour markets is a phenomenon that has been widely analysed, mainly with respect to rising concerns about a possible oversupply of graduates. Like most European countries, the Czech Republic has experienced a boom in tertiary education in the last decade. The incidence and determinants of over- and undereducation vary substantially depending both on the mismatch measurement approach and the data source applied. Educational mismatch is also reflected in wage levels: overeducated workers have lower wages and undereducated workers have higher wages than workers with the same education whose jobs match their education level. Second, overeducated workers earn more and undereducated workers earn less than their co-workers with exactly the required level of education. The effects are qualitatively the same regardless of the data source and measurement approach applied, but their sizes differ slightly.
EN
The qualification mismatch is understood as the difference between the level of qualifications and/or the competence possessed by employees and those required by the type of job performed. Large scale of qualification mismatch is often a manifestation of a suboptimal allocation of resources in the economy. The inefficiency of this kind may raise the question of the rationality of spend­ing public resources on education. From the point of view of employers – the existence of a large gap between the skills possessed by potential employees and the requirements of the jobs pose multiple problems like: raising the costs of recruitment, costs of testing and revealing the actual productivity of workers, costs of training for bridging the gaps. The aim of this study is to assess the impact of horizontal mismatches (formally the same level of education, but different qualifications) and vertical mismatches (possessing different level of education than required by the type of job performed) on the earnings of graduates in Poland. The data source comes from a unique study conducted as a part of special research project carried out at the Institute for Educational Research – “Social and economic determinants of educational choices of people aged 19–30″. The definitions of mismatches are based on employees’ self-assessment. The main findings are negative wage premia to horizontal mismatch – the higher, the greater the magnitude of this mismatch. However, in the case of vertical mismatch, a positive wage premium is found for those having education levels lower than required in the current job (undereducation) and negative premium related to the fact of performing jobs that require lower levels of education than currently held by graduates (overeducation).
PL
Niedopasowania kwalifikacyjne i/lub kompetencyjne (qualification mismatch) rozumiane są jako różnica między poziomem kwalifikacji i/lub kompetencji posiadanych przez pracowników oraz wymaganych przez rodzaj pracy przez nich wykonywanej. Niedopasowania kwalifikacyjne są świadectwem nieoptymalnej alokacji zasobów w gospodarce. Nieefektywność tego rodzaju może z kolei stawiać pytanie o racjonalność wydatkowania publicznych środków na edukację. Z punktu widzenia pracodawców istnienie dużego rozdźwięku między kwalifikacjami posiadanymi przez potencjalnych pracowników a wymaganiami danego stanowiska pracy stwarzają problemy wielorakiego rodzaju: podnoszą koszty rekrutacji, wymagają testowania i ujawniania rzeczywistej produktywności pracowników, wymagają dużych nakładów na szkolenia i zdobywanie brakujących umiejętności. Badanie na pod­stawie danych zgromadzonych w ramach projektu prowadzonego w Instytucie Badań Edukacyjnych pt. „Społeczne i eko­nomiczne uwarunkowania wyborów osób w wieku 19–30 lat dotyczących studiowania” ujawniają, że około 30% absolwentów charakteryzuje się niedopasowaniem wertykalnym, zaś około 35% absolwentów z wykształceniem wyższym deklaruje niedopasowanie horyzontalne do aktualnie wykonywanej pracy. Oba zjawiska mają swoje konsekwencje dla wynagrodzeń, co w dłuższej perspektywie może również wpływać na wartość i stopę zwrotu z wykształcenia.
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