Field of study, qualification mismatch, and wages: does sorting matter?
Graduates from science, technology, engineering, and mathematics (STEM) are usually found to have higher wages and a lower risk of overqualification. However, it is unclear whether the effect of STEM subjects on overqualification and wages [can be interpreted] in a causal way, since individuals choosing these subjects might differ systematically in unobserved characteristics, such as ability. Using data on German male graduates [the authors] show that unobserved heterogeneity indeed matters for differences in the risk of overqualification and wages when STEM graduates are compared to the busin ... Show more
Authors: Berlingieri, Francesco; Zierahn, Ulrich
Published: [Maastricht, Netherlands], European Association of Labour Economists, 2014
Resource type: Conference paper
Physical description: 39 p.
Access item:
http://ftp.zew.de/pub/zew-docs/dp/dp14076.pdf