@techreport{Buchel2001Overeducation,
abstract = {Thurow?s job-competition model implies that overeducation is contingent upon the differing
skill endowments of employees. As yet, only rudimentary evidence has been furnished to
confirm this relationship. In the present paper, we test the theory in a more sophisticated
manner, by means of a more differentiated survey of the skill endowments of workers. Our
analyses are based on the German Life History Study (GLHS), in which longitudinal
biographical data was gathered for the West German cohorts born in 1964 and 1971 up until
the year of the survey (1998). These data are analyzed using a trivariate probit model which
takes into account the selective acquisition of school qualifications, and the selective choice
of vocational training with varying levels of quality.
Our findings confirm that type and grade of school leaving certificate both have a strong
effect on the later risk of overeducation. The quality of the vocational training chosen only
impacts on the overeducation risk when the strong selectivity effects in certain types of
schools and types of vocational training are not taken into account. In line with existing
literature, we find that the risk of overeducation decreases with increasing traditional skill
measures such as experience, tenure, on-the-job-training, and further education. In sum, our
results clearly confirm the capacity of the job-competition model to explain the persistence of
overeducation in the labor market.},
author = {Felix B\"{u}chel and Matthias Pollmann-Schult},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J62; I21; J24; J41; 330; Overeducation; skills; human capital; school achievement; vocational training; career mobility; intergenerational mobility; selectivity effects; Erwerbsverlauf; Qualifikation; \"{U}berqualifikation; Bildungsniveau; Berufsausbildung; Humankapital; Sch\"{a}tzung; Deutschland},
language = {eng},
number = {337},
title = {Overeducation and Skill Endowments The Role of School Achievement and Vocational Training Quality},
type = {IZA Discussion paper series},
url = {http://hdl.handle.net/10419/21195},
year = {2001}
}
