Using PIAAC data, controlling for country unobserved heterogeneity via error components model shows over-education and over-skilling linked to wage penalties while under-education and under-skilling linked to wage premiums.
arXiv preprint arXiv:2504.08324 , year=
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Skill vs Education Types of Labour Mismatch and Their Association with Earnings
Using PIAAC data, controlling for country unobserved heterogeneity via error components model shows over-education and over-skilling linked to wage penalties while under-education and under-skilling linked to wage premiums.