Impact of educational mismatches on the job quality -- empirical analysis based on Chinese Family Panel Studies
Journal: Region - Educational Research and Reviews DOI: 10.32629/rerr.v5i6.1552
Abstract
Employment is an important issue related to the national economy and people's livelihood, and in the context of the expansion of higher education, the impact of education mismatch on the quality of labour force employment cannot be ignored. The article adopts the 2020 CFPS micro survey data to analyse the mechanism of the impact of education mismatch on employment quality. The empirical regression results based on panel data show that in terms of wage income, over-educated people suffer from wage penalty effects; regarding job satisfaction, the regression results of ordered probit model reflect that over-educated people have lower job satisfaction. Therefore, how to rationally allocate educational resources and improve the status quo of educational mismatch is of great significance in promoting the improvement of employment quality and realizing the high-quality development of the economy in China.
Keywords
educational mismatch; job quality; wage; job satisfaction; ordered probit model
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[3] Battu H, Bender KA. 2020. Educational mismatch in developing countries: a review of the existing evidence. The Economics of Education (Second Edition), 269-289.
[4] Becker GS. 2009. Human Capital: A Theoretical and Empirical Analysis, with Special Reference to Education. University of Chicago Press.
[5] Arrow KJ. 1973. Higher education as a filter. Journal of Public Economics, 2(3): 193-216.
[6] Sattinger M. 1993. Assignment models of the distribution of earnings. Journal of Economic Literature, 31(2): 831-880.
[7] Verhaest D, Omey E. 2006. The impact of overeducation and its measurement. Social Indicators Research, 77: 419-448.
[8] Verhaest D, Verhofstadt E. 2016. Overeducation and job satisfaction: the role of job demands and control. International Journal of Manpower, 37(3): 456-473.
[9] Sánchez-Sánchez N, McGuinness S. 2015. Decomposing the impacts of overeducation and overskilling on earnings and job satisfaction: an analysis using REFLEX data. Education Economics, 23(4): 419-432.
[10] Voces C, Caínzos M. 2021. Overeducation as status inconsistency: effects on job satisfaction, subjective well-being and the image of social stratification. Social Indicators Research, 153: 979-1010.
[11] Clark AE. 2015. What makes a good job? job quality and job satisfaction. IZA World of Labor.
[12] Saputra F, Mahaputra MR. 2022. Effect of job satisfaction, employee loyalty and employee commitment on leadership style (human resource literature study). Dinasti International Journal of Management Science, 3(4): 762-772.
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