Sobreeducación en el mercado laboral chileno

Daniel J. Castro Ramirez

doi:10.4067/S0718-88702019000100051

Authors

Daniel J. Castro Ramirez Universidad Alberto Hurtado

DOI:

https://doi.org/10.4067/S0718-88702019000100051

Keywords:

Overeducation, mismatch, Propensity Score Matching

Abstract

The research investigates the impact of over-education in the Chilean workforce, using data from the PIAAC and CASEN surveys from 2003 to 2015. The results show that on average 37% of workers with higher education are classified as “over-educated” in the period 2003-2015. In addition, the majority of this “over-educated people” come from private universities and perform in technical, administrative and legislative jobs. I also use the 2015 CASEN survey to analyze the probability of being over-educated. The results show that workers with a technical or non-traditional degree in professional education institutes and private universities are those who are more likely to be considered “over-educated”. Moreover, I implemented a propensity score matching methodology using the CASEN survey 2015 to study the impact of over-education on wages and on-the-job training. The results suggest a negative impact of over-education on wages.

Downloads

Download data is not yet available.

References

Alba-Ramírez, A. (1993). Mismatch in the Spanish labor market. Journal of Human Resources, 28(2), 259–278.

Becker, G. (s. f.). Human capital: A theoretical and empirical analysis with special reference to education. Columbia University Press.

Brynin, M. (2002). Overqualification in employment. Work, Employment & Society, 16(4), 637–654.

Buchel, F., & Van Ham, M. (2002). Overeducation, regional labour markets and spatial flexibility (IZA Discussion Paper N.º 424). IZA.

Cattani, L., Guidetti, G., & Pedrini, G. (2014). Assessing the incidence and wage effects of overeducation among Italian graduates using a new measure for educational requirements (Working Paper N.º 939). Dipartimento di Scienze Economiche, Università di Bologna.

Chevalier, A. (2003). Measuring overeducation. Economica, 70, 509–531.

Daly, M., Buchel, F., & Duncan, G. (2000). Premiums and penalties for surplus and deficit education: Evidence from the United States and Germany. Economics of Education Review, 19(2), 169–178. https://doi.org/10.1016/s0272-7757(99)00041-2

Dolado, J., Jansen, M., & Jimeno, J. (2009). On the job-search in a matching model with heterogeneous jobs and workers. Economic Journal, 119(534), 200–228. https://doi.org/10.1111/j.1468-0297.2008.02210.x

Dolton, P., & Vignoles, A. (2000). The incidence and effects of overeducation in the UK graduate labour market. Economics of Education Review, 19(2), 179–198. https://doi.org/10.1016/s0272-7757(97)00036-8

Duncan, G., & Hoffman, S. (1981). The incidence and wage effects of overeducation. Economics of Education Review, 1(1), 75–86. https://doi.org/10.1016/0272-7757(81)90028-5

Farooq, A. (2016). The U-shape of over-education? Human capital dynamics & occupational mobility over the life cycle (2016 Papers N.º pfa484). Job Market Papers.

Green, F., & Henseke, G. (2016). Should governments of OECD countries worry about graduate over-education? Oxford Review of Economic Policy, 32(4), 514–537.

Groeneveld, S., & Hartog, J. (2004). Overeducation, wages and promotions within the firm. Labour Economics, 11, 701–714.

Groot, W. (1996). The incidence and returns to overeducation in the UK. Applied Economics, 28(10), 1345–1350. https://doi.org/10.1080/000368496327895

Groot, W., & Maassen van den Brink, H. (2000a). Overeducation in the labor market: A meta-analysis. Economics of Education Review, 19(2), 149–158. https://doi.org/10.1016/s0272-7757(99)00057-6

Groot, W., & Maassen van den Brink, H. (2000b). Skill mismatches in the Dutch labor market. International Journal of Manpower, 21(8), 584–595. https://doi.org/10.1108/01437720010379493

Hartog, J. (2000). Over-education and earnings: Where are we, where should we go? Economics of Education Review, 19(2), 131–147.

Hartog, J., & Oosterbeek, H. (1988). Education, allocation and earnings in the Netherlands: Overschooling? Economics of Education Review, 7(2), 185–194.

Heckman, J., Lochner, J., & Todd, P. (2003). Fifty years of Mincer regressions (IZA Discussion Paper N.º 775). IZA.

Korpi, T., & Tahlin, M. (2009). Educational mismatch, wages, and wage growth: Overeducation in Sweden, 1974-2000. Labour Economics, 16(2), 183–193. https://doi.org/10.1016/j.labeco.2008.08.004

Leuven, E., & Oosterbeek, H. (s. f.). Overeducation and mismatch in the labor market. Handbook of the Economics of Education, 4, 283–326.

McGuinness, S. (2003a). Graduate overeducation as a sheepskin effect: Evidence from Northern Ireland. Applied Economics, 35, 597–608.

McGuinness, S. (2006). Overeducation in the labour market. Journal of Economic Surveys, 20(3), 387–418.

Mendes de Oliveira, M., Santos, M. C., & Kiker, B. (2000). The role of human capital and technological change in overeducation. Economics of Education Review, 19(2), 199–206. https://doi.org/10.1016/s0272-7757(99)00020-5

Mincer, J. (1974). Schooling, experience and earnings. Columbia University Press.

Ortiz, L. (2010). Not the right job, but a secure one: Over-education and temporary employment in France, Italy and Spain. Work, Employment & Society, 24(1), 47–64.

Rumberger, R. (1987). The impact of surplus education on productivity and earnings. Journal of Human Resources, 22(1), 24–50.

Sala, G. (2011). Approaches to skills mismatch in the labour market: A literature review. Papers. Revista de Sociología, 96(4), 1025–1045.

Sicherman, N. (1991). "Overeducation" in the labour market. Journal of Labor Economics, 9(2), 101–122.

Sloane, P. (2003). Much ado about nothing? What does the overeducation literature really tell us. In F. Buchel, A. De Grip, & A. Mertens (Eds.), Overeducation in Europe: Current issues in theory and policy (pp. 11–45). Edward Elgar. https://doi.org/10.4337/9781781957523.00008

Sloane, P., Battu, H., & Seaman, P. (1999). Overeducation, undereducation and the British labour market. Applied Economics, 31(11), 1437–1453. https://doi.org/10.1080/000368499323319

Thurow, L. (1975). Generating inequality. Basic Books. https://doi.org/10.1007/978-1-349-15723-5

Tsang, M., & Levin, H. (1985). The economics of overeducation. Economics of Education Review, 4(2), 93–104. https://doi.org/10.1016/0272-7757(85)90051-2

Vahey, S. (2000). The great Canadian training robbery: Evidence on the returns to educational mismatch. Economics of Education Review, 19(2), 219–227. https://doi.org/10.1016/s0272-7757(98)00029-6

Verdugo, R., & Verdugo, N. (1989). The impact of surplus schooling on earnings. Journal of Human Resources, 24(4), 629–643. https://doi.org/10.2307/145998