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Revista de economía
On-line version ISSN 2395-8715
Abstract
VALENZUELA SANCHEZ, Norma Aida; ALONSO BAJO, Rosario and MORENO TREVINO, Jorge Omar. Educational mismatch in the Mexican labor market and its effect on wages. Rev. econ. [online]. 2018, vol.35, n.91, pp.65-92. ISSN 2395-8715.
This article examines the level and effects of educational mismatch in the labor market in Mexico. First, the magnitude of the mismatch is measured, and secondly, the extended wage equation of Duncan and Hoffman (1981) is estimated to obtain separately the returns to the required education, the performance of over education and, the penalty to the sub-education The model is tested with data from the Mexican Family Life Survey (MXFLS). The schooling required for each occupation is derived from obtaining the average levels of schooling for each job. The results show that the surplus or underutilized education is rewarded but at a lower rate than the education required.
Keywords : educational mismatch; over education; occupation; human capital; salary differences.