OVERQUALIFICATION, SKILL MISMATCHES AND WAGES IN PRIVATE SECTOR EMPLOYMENT IN EUROPE
利用欧洲12国私营部门男性工人数据，研究过度教育和技能错配对工资的影响，发现技能错配的负面影响更大，且高工资工人受罚更重。
This paper uses a sample of private sector male workers from the European Community Household Panel to examine the wage effects of educational mismatches across segments of the earnings distribution in 12 countries. We consider two types of mismatch, overqualification and skills mismatches. By differentiating between quantiles, we discriminate between groups of workers with different unobservable earnings conditions. We find that the detrimental effects of skill mismatches on wages are larger than those of overqualification in most segments of the earnings distribution. Moreover, we find that the pay penalty of educational mismatch tends to be higher among workers with higher unconditional wages. This finding suggests that the mismatch phenomenon entails wage losses over and above those attributable to unobservable earnings determinants, including ability and skills possessed by workers.