Resource title

Overeducation, Wages and Promotions within the Firm

Resource image

image for OpenScout resource :: Overeducation, Wages and Promotions within the Firm

Resource description

We analyse data from personnel records of a large firm producing energy and telecommunication and test for the effect of deviations between required and attained education of workers. Required education is measured as hiring standards set by the firm. We find the usual effects of over- and undereducation in a wage regression, thus rejecting the argument that such effects are exclusively due to firm fixed effects. Distinguishing, within the firm, between a sheltered internal labour market and an exposed external labour market, we find that at the internal labour market over- and undereducation significantly affect career development, in particular at younger ages, but that such effects are mostly absent at the firm?s external labour market.

Resource author

Sandra Groeneveld, Joop Hartog

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/20122

Resource license

Adapt according to the presented license agreement and reference the original author.