RT Journal Article
SR Electronic
T1 Careers and Mismatch for College Graduates: College and Non-college Jobs
JF Journal of Human Resources
JO J Hum Resour
FD University of Wisconsin Press
DO 10.3368/jhr.55.4.0517-8782R1
A1 Andrew Agopsowicz
A1 Chris Robinson
A1 Ralph Stinebrickner
A1 Todd Stinebrickner
YR 2020
UL http://jhr.uwpress.org/content/early/2020/01/22/jhr.55.4.0517-8782R1.abstract
AB A large literature studies the wage consequences of “over-education” in the sense of a worker, by some measure, having a higher level of education than is required for the job. We use unique new data to reexamine the common interpretation that initial over-education represents a harmful type of mismatch that arises due to information induced frictions. We contrast this with the alternative that college graduates are heterogeneous with respect to their human capital and that the labor market is appropriately allocating them to jobs, even when many are observed starting in jobs that do not require a college degree.