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Table 2 The wage penalty of field-of-study mismatch and overqualification

From: Field-of-study mismatch and overqualification: labour market correlates and their wage penalty

Country

Field-of-study mismatch with well-matched qualifications

Overqualification with well-matched field

Field-of-study mismatch with overqualification

Austria

0.00 (0.02)

−0.14*** (0.02)

−0.22*** (0.03)

Canada

−0.02 (0.02)

−0.24*** (0.02)

−0.33*** (0.02)

Cyprusa, b

−0.06 (0.03)

−0.24*** (0.05)

−0.37*** (0.05)

Czech Republic

0.00 (0.03)

−0.19*** (0.04)

−0.22*** (0.04)

Denmark

0.02 (0.01)

−0.18*** (0.02)

−0.21*** (0.02)

England/N. Ireland (UK)

−0.01 (0.02)

−0.24*** (0.03)

−0.26*** (0.03)

Estonia

−0.08** (0.03)

−0.24*** (0.03)

−0.43*** (0.03)

Finland

0.04* (0.02)

−0.14*** (0.02)

−0.19*** (0.03)

Flanders (Belgium)

−0.01 (0.02)

−0.09*** (0.03)

−0.17*** (0.02)

France

0.03 (0.01)

−0.16*** (0.02)

−0.16*** (0.02)

Germany

0.00 (0.02)

−0.17*** (0.03)

−0.33*** (0.04)

Ireland

−0.10*** (0.03)

−0.27*** (0.03)

−0.34*** (0.03)

Italy

−0.09** (0.03)

−0.13** (0.05)

−0.17*** (0.04)

Japan

0.04 (0.03)

−0.21*** (0.03)

−0.24*** (0.03)

Korea

−0.03 (0.03)

−0.22*** (0.06)

−0.30*** (0.05)

Netherlands

0.00 (0.02)

−0.18*** (0.02)

−0.30*** (0.04)

Norway

0.01 (0.02)

−0.16*** (0.02)

−0.18*** (0.02)

Poland

0.00 (0.03)

−0.25*** (0.04)

−0.31*** (0.04)

Russian Federationc

−0.04 (0.04)

−0.08 (0.04)

0.00 (0.05)

Slovak Republic

−0.03 (0.03)

−0.20*** (0.04)

−0.20*** (0.05)

Spain

0.01 (0.03)

−0.22*** (0.04)

−0.26*** (0.03)

Sweden

0.05** (0.01)

−0.11*** (0.02)

−0.16*** (0.02)

USA

0.01 (0.03)

−0.25*** (0.04)

−0.30*** (0.04)

Country average

−0.01* (0.01)

−0.19*** (0.01)

−0.25*** (0.01)

  1. Estimates from regression models on log(wages). Reference category is well-matched workers who are not overqualified. Models control for age, age2, experience, experience2, tenure, type of contract (temporary/regular, full/part-time), public/NGO/private sector of the firm, firm size, numeracy skills and field-of-study. * p < 0.05, ** p < 0.01. *** p < 0.001. Source: Own calculations from the Survey of Adult Skills (PIAAC) (2012)
  2. a, b, c See notes to Table 1