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Brynin, Malcolm; Longhi, Simonetta – Economics of Education Review, 2009
A proportion of employees are overqualified for their work. This generates a wage premium relative to the job but a penalty relative to the qualification, and is therefore, a puzzle for human capital theory. A part of this derives from the use of measures of time spent in education for the calculation of overqualification. Analysing data from four…
Descriptors: Wages, Human Capital, Foreign Countries, Employment Qualifications

Grubb, W. Norton – Economics of Education Review, 1997
An analysis of the 1984, 1987, and 1990 Survey of Income and Program Participation shows that the benefits of sub-baccalaureate credentials (associate degrees and certificates) are generally positive and statistically significant. However, the benefits of completing some postsecondary education but failing to earn credentials are much lower,…
Descriptors: Associate Degrees, Certification, Community Colleges, Credentials