Overeducation at the Start of the Career: Stepping Stone or Trap?
Overeducation at the Start of the Career: Stepping Stone or Trap?
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DOI:
10.1016/j.labeco.2013.04.013
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发表时间:
2012-05
期刊:
影响因子:
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通讯作者:
S. Baert;Bart Cockx;Dieter Verhaest
中科院分区:
文献类型:
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作者:
S. Baert;Bart Cockx;Dieter Verhaest
This study investigates whether young unemployed graduates who accept a job below their level of education accelerate or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to identify this dynamic treatment effect using monthly calendar data from a representative sample of Flemish (Belgian) youth who started searching for a job right after leaving formal education. We find that overeducation is a trap. By accepting a job for which one is overeducated rather than only accepting adequate job matches, monthly transition rates into adequate employment fall by 51–98%, depending on the elapsed unemployment duration. These findings challenge the career mobility thesis and imply that the short-term benefits of policies that generate quick transitions into employment must be traded-off against the long-term costs of an inadequate job match.