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Formal Education, Mismatch and Wages After Transition: Assessing the Impact of Unobserved Heterogeneity using Matching Estimators

This paper studies the incidence and consequences of the mismatch between formal education and the educational requirements of jobs in Estonia during the years 1997-2003. We fi nd large wage penalties associated with the phenomenon of educational mismatch. Moreover, the incidence and wage penalty of mismatches increase with age. This suggests that structural educational mismatches can occur after fast transition periods. Our results are robust for various methodologies, and more importantly regarding departures from the exogeneity assumptions inherent in the matching estimators used in our analysis

© Economics of Education Review, 2010, vol. 29, p. 1086-1099

Elsevier

Author: Lamo, Ana
Messina Granovsky, Julián Santiago
Date: 2010 May
Abstract: This paper studies the incidence and consequences of the mismatch between formal education and the educational requirements of jobs in Estonia during the years 1997-2003. We fi nd large wage penalties associated with the phenomenon of educational mismatch. Moreover, the incidence and wage penalty of mismatches increase with age. This suggests that structural educational mismatches can occur after fast transition periods. Our results are robust for various methodologies, and more importantly regarding departures from the exogeneity assumptions inherent in the matching estimators used in our analysis
Format: application/pdf
ISSN: 0272-7757
Document access: http://hdl.handle.net/10256/7550
Language: eng
Publisher: Elsevier
Collection: Versió postprint del document publicat a: http://dx.doi.org/10.1016/j.econedurev.2010.06.002
Articles publicats (D-EC)
Is part of: © Economics of Education Review, 2010, vol. 29, p. 1086-1099
Rights: Tots els drets reservats
Subject: Mercat de treball -- Efecte de l’educació
Labor supply -- Effect of education on
Educació
Education
Salaris -- Efecte de l’educació sobre els
Wages -- Effect of education on
Title: Formal Education, Mismatch and Wages After Transition: Assessing the Impact of Unobserved Heterogeneity using Matching Estimators
Type: info:eu-repo/semantics/article
Repository: DUGiDocs

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