Mismatch Between Education and Occupation: A Case Study of Pakistani Graduates.

2011 ◽  
Vol 50 (4II) ◽  
pp. 531-553 ◽  
Author(s):  
Shujaat Farooq
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Labour Market ◽  
Jel Classification ◽  
Formal Sector ◽  
Field Of Study ◽  
Keywords Education ◽  
Job Mismatch

In this study, an attempt has been made to estimate the incidences of job mismatch in Pakistan. The study has divided the job mismatch into three categories; education-job mismatch, qualification mismatch and field of study and job mismatch. Both the primary and secondary datasets have been used in which the formal sector employed graduates have been targeted. This study has measured the education-job mismatch by three approaches and found that about one-third of the graduates are facing education-job mismatch. In similar, more than one-fourth of the graduates are mismatched in qualification, about half of them are over-qualified and the half are under-qualified. The analysis also shows that 11.3 percent of the graduates have irrelevant and 13.8 percent have slightly relevant jobs to their studied field of disciplines. Our analysis shows that women are more likely than men to be mismatched in field of study. JEL classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market

scholarly journals The Utilisation of Education and Skills: Incidence and Determinants among Pakistani Graduates

2011 ◽  
Vol 50 (3) ◽  
pp. 219-244 ◽  
Author(s):  
Shujaat Farooq
Keyword(s):  
Higher Education ◽  
Jel Classification ◽  
Negative Association ◽  
Full Time ◽  
Formal Sector ◽  
Lower Field ◽  
Field Of Study ◽  
Skill Mismatch ◽  
Keywords Education ◽  
Job Mismatch

This study estimates the incidence of job mismatch and its determinants in Pakistan, based on three categories: (i) qualification mismatch, (i) skill mismatch, and (iii) field-of-study mismatch. It uses both primary and secondary datasets that target graduates employed by the formal sector. The study measures the qualification mismatch using three approaches and finds that about one third of the graduates sampled face a qualification mismatch. Similarly, more than one fourth are mismatched in terms of skill, about half are over-skilled, and half are under-skilled. The analysis also shows that 11.3 percent hold jobs that are irrelevant to their discipline and 13.8 percent have jobs that are slightly relevant to their discipline. Women are more likely than men to be over-qualified, and age has a negative association with over-qualification. Graduates who belong to political families have a better qualification match but a lower field-of-study match. While a higher level of schooling prevents graduates from being under-qualified, it also raises the likelihood of being over-qualified and over-skilled. Occupation-specific disciplines offer more protection against the possibility of job mismatch. Both full-time education and semester-system education reduce job mismatch, while distance learning raises job mismatch. The phenomena of being over-qualified and over-skilled is more prevalent in lower occupations, as is field-of-study mismatch. JEL classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market

scholarly journals Job Mismatches in Pakistan: Is there Some Wage Penalty to Graduates?

2015 ◽  
Vol 54 (2) ◽  
pp. 147-164
Author(s):  
Shujaat Farooq
Keyword(s):  
Higher Education ◽  
Jel Classification ◽  
Formal Sector ◽  
Field Of Study ◽  
Wage Penalty ◽  
Skill Mismatch ◽  
Wage Premiums ◽  
Wage Penalties ◽  
Keywords Education ◽  
Job Mismatch

In this study, an attempt has been made to estimate the incidence of job mismatch and its impacts on graduate‘s earnings in Pakistan. The study has divided the job mismatch into three categories; qualification-job mismatch, skill mismatch and field of study and job mismatch. The primary dataset has been used in which the formal sector employed graduates have been studied. This study has measured the qualification-job mismatch by three approaches and found that about one-third of the graduates are facing qualification-job mismatch. Similarly, more than one-fourth of the graduates are mismatched in skill, about half of them are over-skilled and the half are under-skilled. The analysis also shows that 11.3 percent of the graduates have irrelevant and 13.8 percent have slightly relevant jobs to their studied field of disciplines. Our analysis shows that over-qualified graduates face wage penalty under different approaches. After controlling skill heterogeneity, there is less penalty to apparently over-qualified and more penalty to genuinely over-qualified. The over-skilled graduates face wage penalties and the under-skilled get wage premiums as compared to the matched workers. A good field of study and job matches also improve the wages of graduates. JEL Classification: I23, I24, J21, J24, J31 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market, Wages

scholarly journals The Utilisation of Education and Skills: Non-Pecuniary Consequences Among Graduates

2017 ◽  
Vol 56 (1) ◽  
pp. 1-17
Author(s):  
Shujaat Farooq
Keyword(s):  
Job Search ◽  
Positive Impact ◽  
Jel Classification ◽  
Formal Sector ◽  
Field Of Study ◽  
Search Behaviour ◽  
Fields Of Study ◽  
Negative Effect ◽  
Keywords Education ◽  
Job Mismatch

In this study, an attempt has been made to estimate the incidences of the job mismatch and its determinants in Pakistan. This study has divided the job mismatch into three categories: qualification-job mismatch, skill mismatch and field of study mismatch. The primary dataset has been used in which employed graduates of the formal sector have been targeted. The paper has also measured the qualification-job mismatch by three approaches, and found that about one-third of the graduates have been facing qualification-job mismatch. Similarly, more than one-fourth of the graduates are mismatched in skills, about half of them are over-skilled and the rest are under-skilled. The analysis also shows that 11.3 percent of the graduates have irrelevant, and 13.8 percent have slightly relevant jobs to their field of study. The analysis reveals that over-qualified and over-skilled graduates are less satisfied, while under-qualified and under-skilled graduates are more satisfied with their current jobs. A similar situation has been observed in case of the field of study mismatch, where both the moderate and complete fields of study matched graduates are more satisfied than the mismatched ones. The job search behaviour is positively associated with the level of education. Over-qualification has a positive impact, while under-qualification has a negative effect to search for another job. A good match between field of study and current job reduces the likelihood of intention to quit the job. JEL Classification: I23, I24, J21, J24 Keywords: Education and Inequality, Higher Education, Human Capital, Labour Market

The impact of higher education on employment in the labour market: Lithuanian case

2019 ◽  
Vol 9 (1) ◽  
pp. 56-64
Author(s):  
Dalia Bernatonyte ◽  
Jadvyga Ciburiene ◽  
Zaneta Simanaviciene ◽  
Grazina Startiene
Keyword(s):  
Higher Education ◽  
Labour Market ◽  
Unemployment Rate ◽  
Labour Productivity ◽  
Analysis And Synthesis ◽  
Education And Employment ◽  
Keywords Education ◽  
Impact Of Higher Education ◽  
The Impact ◽  
The Eu

This study aims to investigate the employment of higher education in Lithuanian labour market between 2005 and 2014. Today, this problem is relevant to Lithuania, as level of high school graduates employment is changing yearly. The purpose of the research is to evaluate the impact of higher education on employment in Lithuanian labour market. Seeking to define the impact of higher education on employment in Lithuanian labour market, analysis and synthesis of scientific literature about the influence of education on the labour market; systematic statistical data analysis of Lithuanian education and employment and unemployment rate are presented. In order to compare the impact of Lithuanian higher education on employment rate, unemployment rate and real labour productivity with other countries of the EU-28, the correlation analysis are used. Results indicate that education attainment has influence on employment and unemployment level in Lithuanian labour market and relationship between higher education and employment, unemployment and real labour productivity are dominated in all the EU-28 countries.   Keywords: education; higher education; employment;  unemployment; labour productivity.

scholarly journals Employers Size Wage Differential: Does Investment in Human Capital Matter?

2009 ◽  
Vol 48 (4II) ◽  
pp. 509-521 ◽  
Author(s):  
Zafar Mueen Nasir ◽  
Nasir Iqbal
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Investment ◽  
Wage Differential ◽  
Labour Force ◽  
Jel Classification ◽  
Policy Implications ◽  
Strong Positive Relationship ◽  
The Government ◽  
Areas Of Interest

Wage differential due to employer size is one of the key areas of interest in labour market research because a strong positive relationship between employer size and wages has been observed in developed and developing countries. It is, however, relatively neglected area of research in Pakistan. The purpose of present study is to investigate the employer size wage differential by looking at human capital factors. The study is based on standard methodology and estimates earning functions on Labour Force Survey (LFS) data for year 2007-08. Results clearly show that human capital investment has a bigger role in determining wages in the larger firms as compared to smaller firms. The main policy implications emanating from the analysis are the higher investment in skill which increases opportunities for workers in the labour market for higher wages and for jobs with good characteristics especially in large sized firms. The government policy towards education and skill formation needs serious reforms and better allocation of funds so that people get chance to enhance their skill level hence wages. JEL classification: J31, J40, J24 Keywords: Wage Differential, Human Capital, Labour Market

scholarly journals THE NEED AND THE POSSIBILITIES OF THE HUMAN CAPITAL DEVELOPMENT: ASSESSMENT OF EMPLOYERS AND GRADUATES OF HIGHER EDUCATION INSTITUTIONS

Ekonomika ◽  
2009 ◽  
Vol 87 ◽  
pp. 90-106
Author(s):  
Laima Okunevičiūtė Neverauskienė ◽  
Boguslavas Gruževskis
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Adult Education ◽  
Labour Market ◽  
Intellectual Capital ◽  
Sociological Research ◽  
Human Capital Development ◽  
Capital Development ◽  
Development Assessment

The article analyses the problem of human/intellectual capital in the context of the integration of an individual into the labour market, the role of human capital in the activity of enterprises (organizations). According to the information of the Department of Statistics on adult education,and data of sociological research (results of the research of employers and graduates working in their enterprises) the development of human capital, the need and the investment possibilities are assessed in Lithuania.

Anreizeffekte von Studiengebühren in der Hochschulbildung

2007 ◽  
Vol 58 (2) ◽  
Author(s):  
Aloys Prinz ◽  
André Horstkötter
Keyword(s):  
Higher Education ◽  
Human Capital ◽  
Labour Market ◽  
Decision Problem ◽  
Decision Model ◽  
Tuition Fees ◽  
German System ◽  
Second Period ◽  
Fixed Period ◽  
Tuition Fee

SummaryTuition fees – as they are now possible in the German system of higher education – may change the behaviour of students. To analyse these reactions more rigorously, a microeconomic decision model is constructed. It consists of two periods: in the first one, students invest in their human capital by studying a fixed period of time. The student’s decision problem is to choose between three time-consuming activities: the intensity of study, working in the labour market and enjoying leisure. In the second period, former students are assumed to use their human capital for earning a living by working. The wage they realise depends on the intensity of study in the first period. Incorporating a tuition fee into this model, it is analysed how the allocation of the student´s time between studying, working and leisure will change as well as how the demand for credit will be adjusted.

scholarly journals Is There a Role for Higher Education Institutions in Improving the Quality of First Employment?

2016 ◽  
Vol 16 (4) ◽  
Author(s):  
Seamus McGuinness ◽  
Adele Whelan ◽  
Adele Bergin
Keyword(s):  
Higher Education ◽  
Labour Market ◽  
Potential Role ◽  
Higher Education Institutions ◽  
Job Placement ◽  
Field Of Study ◽  
New Graduates ◽  
Private Employment

Abstract: This paper examines the potential role of higher education institutions in reducing labour market mismatch amongst new graduates. The research suggests that increasing the practical aspects of degree programmes, irrespective of the field of study, will reduce the incidence of initial mismatch. In terms of routes into the labour market, higher education work placements with the potential to develop into permanent posts and the provision of higher education job placement assistance were found to have substantial impacts in reducing the incidence of graduate mismatch. The use of private employment agencies was found to significantly heighten the risk of subsequent mismatch.

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