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Kucel, Aleksander; Molina, Ivette Fuentes; Raya, Josep Maria – Asia Pacific Education Review, 2016
In this paper, we investigate the determinants of over-education in Japan and evaluate its opportunity costs for university graduates. To this end, we use the REFLEX data. Results reveal that over-education level in Japan is high and it brings an important wage penalty for Japanese workers. Large firm and high occupations point toward a…
Descriptors: Foreign Countries, Cost Effectiveness, Salary Wage Differentials, Underemployment