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Direct linkLoredana Cultrera; François Rycx; Giulia Santosuosso; Guillaume Vermeylen – Education Economics, 2025
Using a unique pan-European dataset, we rely on two alternative measures of over-education and control stepwise for four groups of covariates in order to interpret the over-education wage penalty in light of theoretical models. Firstly, it appears that a significant fraction (i.e. between 1/5 and 1/3) of PhD holders in Europe are genuinely…
Descriptors: Doctoral Degrees, College Graduates, Job Skills, Employment Qualifications
Valentine Jacobs; Kevin Pineda-Hernández; François Rycx; Mélanie Volral – Education Economics, 2023
We provide first evidence of the impact of over-education, among natives and immigrants, on firm-level productivity and wages. Our results show that the over-education wage premium is higher for natives than for immigrants. However, since the differential in productivity gains associated with over-education outweighs the corresponding wage premium…
Descriptors: Salary Wage Differentials, Immigrants, Labor Force, Human Capital
