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題名 Overeducation and skill mismatch of university graduates in Taiwan
作者 莊奕琦
Chuang, Yih-chyi
Liang, Chia-Yu
貢獻者 經濟系
關鍵詞 heterogeneous abilities; overeducation; skill mismatch; university graduates
日期 2022-04
上傳時間 21-Sep-2022 11:04:03 (UTC+8)
摘要 Overeducation and skill mismatch have become crucial issues in the modern labor market. Taiwan`s rapid structural transformation under industrialization since 1980 followed by the policy of expanding higher education after 1990 provides an excellent scenario for investigating the issues of overeducation and skill mismatch. Utilizing data from the Taiwan Education Panel Survey (TEPS) and its follow-up survey (TEPS-B), this paper develops an empirical strategy to test the effect of overeducation and skill mismatch on wage and job satisfaction for university graduates. As in the literature, Taiwan shows significant wage loss for both overeducation and skill mismatch and the wage penalty is higher for overeducation than for skill mismatch. Results from wage performance and job satisfaction estimations suggest both overeducation and job mismatch caused efficiency loss; however, the high wage loss and lower job dissatisfaction for overeducation imply overeducation may arise because of self-selection under individual heterogeneity, which is not purely an efficiency loss. Therefore, the policy goal should properly focus on mitigating skill mismatch rather than overeducation.
關聯 Review of Development Economics, 26(3), 1693-1712
資料類型 article
DOI https://doi.org/10.1111/rode.12891
dc.contributor 經濟系
dc.creator (作者) 莊奕琦
dc.creator (作者) Chuang, Yih-chyi
dc.creator (作者) Liang, Chia-Yu
dc.date (日期) 2022-04
dc.date.accessioned 21-Sep-2022 11:04:03 (UTC+8)-
dc.date.available 21-Sep-2022 11:04:03 (UTC+8)-
dc.date.issued (上傳時間) 21-Sep-2022 11:04:03 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/141997-
dc.description.abstract (摘要) Overeducation and skill mismatch have become crucial issues in the modern labor market. Taiwan`s rapid structural transformation under industrialization since 1980 followed by the policy of expanding higher education after 1990 provides an excellent scenario for investigating the issues of overeducation and skill mismatch. Utilizing data from the Taiwan Education Panel Survey (TEPS) and its follow-up survey (TEPS-B), this paper develops an empirical strategy to test the effect of overeducation and skill mismatch on wage and job satisfaction for university graduates. As in the literature, Taiwan shows significant wage loss for both overeducation and skill mismatch and the wage penalty is higher for overeducation than for skill mismatch. Results from wage performance and job satisfaction estimations suggest both overeducation and job mismatch caused efficiency loss; however, the high wage loss and lower job dissatisfaction for overeducation imply overeducation may arise because of self-selection under individual heterogeneity, which is not purely an efficiency loss. Therefore, the policy goal should properly focus on mitigating skill mismatch rather than overeducation.
dc.format.extent 98 bytes-
dc.format.mimetype text/html-
dc.relation (關聯) Review of Development Economics, 26(3), 1693-1712
dc.subject (關鍵詞) heterogeneous abilities; overeducation; skill mismatch; university graduates
dc.title (題名) Overeducation and skill mismatch of university graduates in Taiwan
dc.type (資料類型) article
dc.identifier.doi (DOI) 10.1111/rode.12891
dc.doi.uri (DOI) https://doi.org/10.1111/rode.12891