Educational Mismatch and Skill Mismatch in the Youth Labor Market: Panel Evidence from South Korea

2019 ◽  
Vol 18 (4) ◽  
pp. 342-361
Author(s):  
Kihong Park ◽  
Jesus Hernandez Arce
Keyword(s):  
Labor Market ◽  
Panel Data ◽  
South Korea ◽  
Small Proportion ◽  
Panel Survey ◽  
Educational Mismatch ◽  
Skill Mismatch ◽  
Wage Effect ◽  
Youth Labor Market ◽  
Wage Effects

Abstract Most prior research on labor market mismatch was constrained by the unavailability of data on skill mismatch and also the absence of panel data which would provide controls for unmeasured heterogeneity. This paper makes use of the panel element of Korea Labor & Income Panel Survey (KLIPS) data and identifies the wage effects of educational mismatch and skill mismatch both separately and jointly. It clearly shows that only a small proportion of the wage effect of educational mismatch is accounted for by skill mismatch, suggesting a relatively weak relation between educational mismatch and skill mismatch. In the analysis appropriate panel methodology produces much weaker estimates of the relevant coefficients than the pooled OLS model. This result indicates that unobserved individual-specific characteristics play a substantial role in the way in which mismatch effects are determined.

scholarly journals Patterns and Persistence of Educational Mismatch: A Trajectory Approach Using Chilean Panel Data

2021 ◽  
Vol 10 (9) ◽  
pp. 333
Author(s):  
María Paola Sevilla ◽  
Mauricio Farías ◽  
Daniela Luengo-Aravena
Keyword(s):  
Developing Countries ◽  
Labor Market ◽  
Sequence Analysis ◽  
Panel Data ◽  
Educational Level ◽  
Retrospective Data ◽  
Educational Mismatch ◽  
Educational Levels ◽  
Trajectory Approach ◽  
Wage Penalties

The misalignment between workers’ educational levels and the educational level typically required for their occupations, namely educational mismatch, has become widespread. However, despite its potential costs, there is little evidence of this situation in developing countries. Using longitudinal and retrospective data of employment histories between 2009 and 2019, this paper conducts sequence analysis to construct a typology of educational mismatch trajectories among Chilean workers. We demonstrate that mismatch is a prevalent and persistent phenomenon. Once people enter the labor market, either as undereducated or overeducated workers, they tend to stay in such positions for extended periods of time. Moreover, we find significant wage penalties for workers in a mismatch situation. Results indicate that females and young, less-educated men are more prone to follow trajectories with longer periods of mismatch or unemployment. New avenues for research and the need for public policies looking at these phenomena are required to avoid people’s dissatisfaction due to a possible false promise that more education can improve their life standards.

Workers at Risk: Panel Data Evidence on the COVID-19 Labor Market Crisis in India

2021 ◽  
Author(s):  
Maurizio Bussolo ◽  
Ananya Kotia ◽  
Siddharth Sharma
Keyword(s):  
At Risk ◽  
Labor Market ◽  
Panel Data

Productivity and Wage Effects of Firm‐Level Upstreamness: Evidence from Belgian Linked Panel Data

World Economy ◽  
2021 ◽  
Author(s):  
Benoît Mahy ◽  
François Rycx ◽  
Guillaume Vermeylen ◽  
Mélanie Volral
Keyword(s):  
Panel Data ◽  
Firm Level ◽  
Wage Effects

Low-Wage Workers and the Enforceability of Noncompete Agreements

2021 ◽  
Author(s):  
Michael Lipsitz ◽  
Evan Starr
Keyword(s):  
Labor Market ◽  
Occupational Status ◽  
Job Mobility ◽  
Female Workers ◽  
Salaried Workers ◽  
Wage Effects ◽  
Wage Distributions ◽  
Noncompete Agreements ◽  
Hourly Workers ◽  
The Impact

We exploit the 2008 Oregon ban on noncompete agreements (NCAs) for hourly-paid workers to provide the first evidence on the impact of NCAs on low-wage workers. We find that banning NCAs for hourly workers increased hourly wages by 2%–3% on average. Since only a subset of workers sign NCAs, scaling this estimate by the prevalence of NCA use in the hourly-paid population suggests that the effect on employees actually bound by NCAs may be as great as 14%–21%, though the true effect is likely lower due to labor market spillovers onto those not bound by NCAs. Whereas the positive wage effects are found across the age, education, and wage distributions, they are stronger for female workers and in occupations where NCAs are more common. The Oregon low-wage NCA ban also improved average occupational status in Oregon, raised job-to-job mobility, and increased the proportion of salaried workers without affecting hours worked. This paper was accepted by Lamar Pierce, organizations.

Getting Started: The Youth Labor Market

1981 ◽  
Vol 1 (1) ◽  
pp. 156
Author(s):  
Craig V. D. Thornton ◽  
Paul Osterman
Keyword(s):  
Labor Market ◽  
Youth Labor Market
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