Overeducation in the labour market

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Permanent URL for this page: http://hdl.voced.edu.au/10707/449204.

Author: McGuinness, Seamus


This paper presents a review of the literature on overeducation. The paper assesses the consistency of overeducation within the context of a number of theoretical frameworks including Human Capital Theory (HCT) and Assignment Theory. The analysis goes on to discuss the various measurement controversies associated with the study of overeducation in order to provide an assessment of the extent to which the impacts of the phenomenon represent an economic reality as opposed to a statistical artefact. After reviewing the literature, it is concluded that the impacts of overeducation are likely...  [+] Show more

Subjects: Labour market; Employment; Outcomes

Keywords: Return on education and training; Outcomes of education and training; Literature review; Human capital; Educational level; Analysis

Published: [Oxford, England]: Blackwell Publishing, 2006

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Journal volume: 20

Journal number: 3

Journal date: July 2006

Pages: pp. 387-418

ISSN: 1467- 6419 (online)

Resource type: Article

Peer reviewed: Yes

Call number: TD/TNC 131.676

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