政大機構典藏-National Chengchi University Institutional Repository(NCCUR):Item 140.119/141997

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政大機構典藏 > 社會科學學院 > 經濟學系 > 期刊論文 > Item 140.119/141997

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/141997

Title:	Overeducation and skill mismatch of university graduates in Taiwan
Authors:	莊奕琦 Chuang, Yih-chyi Liang, Chia-Yu
Contributors:	經濟系
Keywords:	heterogeneous abilities;overeducation;skill mismatch;university graduates
Date:	2022-04
Issue Date:	2022-09-21 11:04:03 (UTC+8)
Abstract:	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.
Relation:	Review of Development Economics, 26(3), 1693-1712
Data Type:	article
DOI 連結:	https://doi.org/10.1111/rode.12891
DOI:	10.1111/rode.12891
Appears in Collections:	[經濟學系] 期刊論文

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