Educational mismatch in labour markets is a phenomenon that has been widely analysed, mainly with respect to rising concerns about a possible oversupply of graduates. Like most European countries, the Czech Republic has experienced a boom in tertiary education in the last decade. The incidence and determinants of over- and undereducation vary substantially depending both on the mismatch measurement approach and the data source applied. Educational mismatch is also reflected in wage levels: overeducated workers have lower wages and undereducated workers have higher wages than workers with the same education whose jobs match their education level. Second, overeducated workers earn more and undereducated workers earn less than their co-workers with exactly the required level of education. The effects are qualitatively the same regardless of the data source and measurement approach applied, but their sizes differ slightly.
ALBA-RAMÍREZ, A. (1993). Mismatch in the Spanish labour market. Overeducation? Journal of Human Resources. 28, pp. 259-278.
BAUER, T. (2002). Educational mismatch and wages: a panel analysis. Economics of Education Review. 21, pp. 221-229.
BEVAN, S. & COWLING, M. (2007). Job matching in the UK and Europe. Research report 25, The Work Foundation. http://dera.ioe.ac.uk/7125/1/research-report-25-jobmatching-in-the-uk-and-europe.pdf
CHEVALIER, A. (2003). Measuring over-education. Economica. 70, pp. 509-531.
DUNCAN, G. J. & HOFFMAN, S. D. (1981). The incidence and wage effects of overeducation. Economics of Education Review. 1, pp. 75-86. DOI: 10.1016/0272-7757(81)90028-5
FREEMAN, R. (1976). The overeducated American. New York: Academic Press.
GOTTSCHALK, P. & HANSEN, M. (2003). Is the proportion of college workers in non-college jobs increasing? Journal of Labor Economics. 21, pp. 449-471. DOI: 10.1086/345564
HARTOG, J. & OOSTERBEEK, H. (1988). Education, allocation and earnings in the Netherlands: overschooling? Economics of Education Review. 7, pp. 185-194. DOI: 10.1016/0272-7757(88)90043-X
HERNÁNDEZ, L. & SERRANO, L. (2012). Overeducation and its effects on wages: a closer look at the Spanish regions. Investigaciones Regionales. 2012, pp. 59-90.
JEONG, B., KEJAK, M. & VINOGRADOV, V. (2008). Changing composition of human capital. The Czech Republic, Hungary and Poland. Economics of Transition. 16, pp. 247-271. DOI: 10.1111/j.1468-0351.2008.00320.x
KARAKAYA, G., PLASMAN, R. & RYCX, F. (2007). Overeducation on the Belgian labour market: evaluation and analysis of the explanatory factors through two types of approaches. Compare: A Journal of Comparative and International Education. 37, pp. 513-532.
KIKER, B. F., SANTOS, M. C., & DE OLIVEIRA, M. M. (1997). Overeducation and undereducation: evidence for Portugal. Economics of Education Review. 16, pp. 111-125. DOI: 10.1016/S0272-7757(96)00040-4
MCGOLDRICK, K. M. & ROBST, J. (1996). Gender differences in overeducation: a test of the theory of differential overqualification. The American Economic Review. 86, pp. 280-84.
MINCER, A. (1974). Schooling, experience and earnings. New York: NBER Press.
MYSÍKOVÁ, M. (2011). EU-SILC and its methodological pitfalls: international comparability and income variables. Data a výzkum - CSA Info. 5, pp. 147-170 (in Czech).
NIETO, S. (2014). Overeducation, skills and wage penalty: Evidence for Spain using PIAAC data. IREA Working Paper 2014/11. Barcelona: Research Institute of Applied Economics.
OECD (2007). International migration outlook: SOPEMI 2007 edition. Paris: OECD. DOI: 10.1787/migr_outlook-2007-sum-is
RAŠOVEC, T. & VAVŘINOVÁ, T. (2014). Skills and educational mismatch in the Czech Republic: comparison of different approaches applied on PIAAC. Statistika 94, pp. 58-79.
ROSEN, S. (1972). Learning and experience in the labor market. Journal of Human Resources. 7, pp. 326-342. DOI: 10.2307/145087
RUBB, S. (2003). Overeducation: a short or long run phenomenon for individuals? Economics of Education Review. 22, pp. 389-394. DOI: 10.1016/S0272-7757(02)00052-3
THUROW, L. C. (1975). Generating inequality. New York: Basic Books.
VAN DER MEER, P. & WIELERS, R. (1996). Educational credentials and trust in the labour market. Kyklos. 49, pp. 29-46. DOI: 10.1111/j.1467-6435.1996.tb01383.x
VEČERNÍK, J. (2013). The changing role of education in the distribution of earnings and household income. The Czech Republic, 1988-2009. Economics of Transition. 21, pp. 111-133. DOI: 10.1111/ecot.12002
VERDUGO, R. & VERDUGO, N. (1989). The impact of surplus schooling on earnings: some additional findings. Journal of Human Resources. 24, pp. 629-643. DOI: 10.2307/145998