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Overeducation and skill endowments: the role of school achievement and vocational training quality

Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As yet, only rudimentary evidence has been furnished to confirm this relationship. In the present paper, we test the theory in a more sophisticated manner, by means of a more differentiated survey of the skill endowments of workers. Our analyses are based on the German Life History Study (GLHS), in which longitudinal biographical data was gathered for the West German cohorts born in 1964 and 1971 up until the year of the survey (1998). These data are analysed using a trivariate probit model which takes into account the selective acquisition of school qualifications, and the selective choice of vocational training with varying levels of quality.

Thurow's job-competition model implies that overeducation is contingent upon the differing skill endowments of employees. As ...  Show Full Abstract  

Authors: Buchel, Felix; Pollmann-Schult, Matthias
Corporate authors: Institute for the Study of Labour (Germany) (IZA)
Date: 2001
Geographic subjects: Europe; Germany
Resource type: Paper
Series name: IZA discussion paper
Subjects: Vocational education and training; Assessment; Qualifications;
Quality; Labour market; Skills and knowledge; Providers of education and training; Outcomes; Higher education; Workforce development; Employment show more

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