Estimates the rates of return to overeducation in the United Kingdom, using the 1991 British Household Panel Survey. Describes three approaches to analyzing skill utilization and their returns. Analyzes characteristics of the overeducated and undereducated work force. Overeducation is part of an adjustment in the labor market and tends to…

Analyzes the wage effects of different types of education in The Netherlands, using a generalized version of the dummy endogenous variable model and distinguishing among seven types of education: general, agricultural, technical, medical, teacher, economic/administrative, and other education. Findings show that technical education yields lower…