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Education and Skills Mismatch in the Italian Graduate Labour Market

PublisherUniversity of Westminster
Format67.9KB PDFDate added14 Jan 2003
Topics Human Capital Management
Downloads147

This paper focuses on education and skills mismatch amongst Italian graduates. Indicators for over and under-utilisation of education and under-utilisation of skills are included in a grouped data lognormal wage equation, allowing one to test a number of theories, which could explain the effect of over-schooling on wages. Little evidence is found to support assignment theory and also identify a relatively weak wage effect arising from educational mismatch associated with the formal requirements of a job, when compared to that associated with an employee's perception of the job requirements.

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