Over-Education and Its Opportunity Cost in Japan

Autor/inn/en	Kucel, Aleksander; Molina, Ivette Fuentes; Raya, Josep Maria
Titel	Over-Education and Its Opportunity Cost in Japan
Quelle	In: Asia Pacific Education Review, 17 (2016) 2, S.299-312 (14 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	1598-1037
DOI	10.1007/s12564-016-9427-8
Schlagwörter	Foreign Countries; Cost Effectiveness; Salary Wage Differentials; Underemployment; Educational Attainment; Graduate Surveys; Gender Differences; Statistical Analysis; Regression (Statistics); Organization Size (Groups); Institutional Characteristics; Educational Benefits; Japan + Suchen Sie Ihr Suchwort? Ausland; Kosten-Nutzen-Analyse; Kosten-Nutzen-Denken; Unterbeschäftigung; Bildungsabschluss; Bildungsgut; Geschlechterkonflikt; Statistische Analyse; Regression; Regressionsanalyse; Organization size; Unternehmensgröße; Bildungsertrag
Abstract	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. (As Provided).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2020/1/01