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ERIC Number: EJ1101315
Record Type: Journal
Publication Date: 2016-Jun
Pages: 14
Abstractor: As Provided
Reference Count: 93
ISBN: N/A
ISSN: ISSN-1598-1037
Over-Education and Its Opportunity Cost in Japan
Kucel, Aleksander; Molina, Ivette Fuentes; Raya, Josep Maria
Asia Pacific Education Review, v17 n2 p299-312 Jun 2016
In this paper, we investigate the determinants of over-education in Japan and evaluate its opportunity costs for university graduates. To this end, we use the REFLEX data. Results reveal that over-education level in Japan is high and it brings an important wage penalty for Japanese workers. Large firm and high occupations point toward a significant reduction in the likelihood of over-education. Results for wage regressions for over-education indicate that Japanese workers who achieve jobs in large organizations will experience 20% increase in their wage due to the firm size and, if over-educated, their increase in wage will remain positive. Results for women are puzzling as there is no significant effect associated with gender.
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Publication Type: Journal Articles; Reports - Research
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: Japan