Do Employers Prefer Overqualified Graduates? A Field Experiment
通过向要求本科学历的职位投递虚构的本科和硕士毕业生简历，发现硕士毕业生获得面试邀请的概率高19%，获得任何积极回应的概率高11%，且在紧缺职业中优势更大。
We test whether employers prefer overqualified to adequately qualified job candidates. To this end, duos of fictitious applications by bachelor's and master's graduates are sent to real job openings with a bachelor's degree as a minimum requirement. For the overall sample, we find that overqualified master's graduates are 19 percent more likely to be directly invited for a job interview and 11 percent more likely to get any positive reaction. This relative advantage for overqualified workers is found to be higher for bottleneck occupations. Relative preferences also differ across employers within labor‐market segments.