Educational mismatches versus skill mismatches: effects on wages, job satisfaction, and on-the-job search
研究发现教育错配对工资有显著影响,但这一效应并非由技能错配解释;而技能错配比教育错配更能预测工作满意度和在职搜寻行为。
Education-job mismatches are reported to have serious effects on wages and other labour market outcomes. Such results are often cited in support of assignment theory, but can also be explained by institutional and human capital models. To test the assignment explanation, we examine the relation between educational mismatches and skill mismatches. In line with earlier research, educational mismatches affect wages strongly. Contrary to the assumptions of assignment theory, this effect is not explained by skill mismatches. Conversely, skill mismatches are much better predictors of job satisfaction and on-the-job search than are educational mismatches.