@techreport{Bauer1999Educational,
abstract = {This paper contributes to the literature considering the wage effects of educational mismatch
in Germany. It uses a large German panel data set for the period from 1984 to 1997 and
stresses the importance of controlling for unobserved heterogeneity when analyzing the
labor market effects of over- and undereducation. Using pooled OLS, the estimation results
confirm those found in the existing literature. The estimated differences between adequately
and inadequately educated workers become smaller or disappear totally, when controlling
for unobserved heterogeneity. In contrast to the common results using only cross-sectional
data, the human capital model could not be rejected once controlling for unobserved
heterogeneity.},
author = {Thomas K. Bauer},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J31; I21; 330; Overeducation; undereducation; human capital model; job competition model; Qualifikation; Berufsbildung; Bildungsertrag; \"{U}berqualifikation; Lohn; Sch\"{a}tzung; Deutschland},
language = {eng},
number = {87},
title = {Educational Mismatch and Wages in Germany},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/20921},
year = {1999}
}
