Uses 1981 and 1991 census data to study the incidence and wage consequences of adequate schooling, overschooling, and underschooling in Hong Kong. Using the objective "mode" definition of adequate schooling, less than one-half of workers in the sample were adequately schooled; overeducated workers predominated. (Contains 20 references.)…

Employs Portuguese data to test competing hypotheses about effects of over- and under-education on earnings. The human capital trade-off theory seems irrelevant. The hypothesis of technology-produced pockets of over- and under-education is consistent with Portugal's efforts to promote economic growth, modernize industry, and upgrade educational…

Investigates whether structural changes in the U.S. labor market affected the rewards and penalties associated with having too much or too little schooling for a job. Applies U.S. results to Germany's more structured ambience. In all cases, productivity and wages were affected by workers' education levels. (Contains 34 references.) (MLH)

Estimates returns to education in Slovenia, based on a Mincerian earnings function derived from 1978, 1983, and 1993 Household Expenditure Surveys. Estimated return rates for all educational levels and for both sexes were rather low in 1978 and 1983, due to a tightly controlled labor market and direct state interference. In 1993, estimated return…