The impact of education and mismatch on wages: The Netherlands, 1986 - 1998

Muysken, Joan and Ruholl, Jennifer (2001). The impact of education and mismatch on wages: The Netherlands, 1986 - 1998. UNU-MERIT Research Memoranda. UNU-MERIT.

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UNU-MERIT Research memoranda

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  • Sub-type Working paper
    Author Muysken, Joan
    Ruholl, Jennifer
    Title The impact of education and mismatch on wages: The Netherlands, 1986 - 1998
    Series Title UNU-MERIT Research Memoranda
    Volume/Issue No. 30
    Publication Date 2001
    Publisher UNU-MERIT
    Language eng
    Abstract In analysing the impact of education on wage differentials and wage growth, we use next to personal characteristics (e.g. education) also job characteristics (e.g. skills required) to explain wages. We estimate wage equations on individual data for the Netherlands, 1986 ' 1998. It turns out those personal characteristics like education and experience explain only about 50 percent of the variation in wages. The other half is explained by variation in job characteristics. Moreover, the increasing educational attainment, which is widely thought to enhance productivity growth, is countered both by an increasing level of skills required for each job and by overschooling. Thus a plausible explanation for the productivity slow-down since the mid-eighties is provided.
    Copyright Year 2001
    Copyright type All rights reserved
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    Created: Fri, 13 Dec 2013, 13:00:12 JST