The effects of over-education on earnings in the graduate labour market

Dolton, Peter J.; Silles, Mary A.

Abstract

This paper uses a new survey of graduates from one large civil university in the UK to examine the determinants of over-education and its subsequent impact on labour market earnings. Multiple measurements of over-education were collected to assess the effect of measurement error on the estimated pay penalty associated with over-education. Panel estimates suggest that the upward bias in standard OLS estimates is offset by an equal downward bias resulting from measurement error.

Citation

Dolton, P. J., & Silles, M. A. (2008). The effects of over-education on earnings in the graduate labour market. Economics of education review, 27(2), 125-139. https://doi.org/10.1016/j.econedurev.2006.08.008

• Journal Article Type: Article
• Acceptance Date: Aug 14, 2006
• Online Publication Date: Apr 20, 2007
• Publication Date: 2008-04
• Deposit Date: Nov 13, 2014
• Journal: Economics Of Education Review
• Print ISSN: 0272-7757
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 27
• Issue: 2
• Pages: 125-139
• DOI: https://doi.org/10.1016/j.econedurev.2006.08.008
• Keywords: Educational economics; Wage differentials
• Public URL: https://hull-repository.worktribe.com/output/468456
• Publisher URL: https://www.sciencedirect.com/science/article/pii/S0272775707000313?via%3Dihub