Until 1975 around half of all graduates from Dutch basic vocational schools finished a 3-year program, the other half finished a 4-year program. In 1975 all 3-year programs were extended to four years. This was accompanied by an increase of the compulsory school leaving age with one year. The authors evaluate the long-term wage effects of this…

Examines relationship between overeducation and enterprise-related schooling, using data from a 1983 Dutch study of 43-year-old employees. Correctly allocated workers have the highest probability of participation in enterprise-related schooling, whereas undereducated workers have the lowest probability. The average rate of return on a year of…

Drawing on empirical studies from five countries (Netherlands, Spain, Portugal, United Kingdom, and United States), over 2 decades, outlines irregularities in the incidence of over- and under-education and consequences for individual earnings. The overall incidence of overeducation in the labor market is about 26 percent. (Contains 33 references.)…

Develops an empirical model for heterogeneous human capital investment decisions, using survey data from a cohort of Dutch workers. Applies the model to investment in three forms of enterprise-related training: technical, economic-administrative, and other. Results show that technical training yields the lowest wage gain, while other…