文章基本信息

标题：THE INCOME PENALTY OF VERTICAL AND HORIZONTAL EDUCATION-JOB MISMATCHES IN THE KOREAN YOUTH LABOR MARKET: A QUANTILE REGRESSION APPROACH
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作者：KIM, HONG-KYUN ; AHN, SEUNG C. ; KIM, JIHYE 等
期刊名称：Hitotsubashi Journal of Economics
印刷版ISSN：0018-280X
出版年度：2016
卷号：57
期号：1
页码：67-90
DOI：10.15057/27941
出版社：Maruzen Company Ltd
摘要：In this paper we estimate the income effects of over-education and horizontal educationjobmismatch jointly by quantile regressions using a data set of Korean college graduates. Wefind that over-education and horizontal mismatch are positively correlated. Thus, the incomeloss by over-education (horizontal mismatch) is overestimated if it is estimated ignoringhorizontal mismatch (over-education). This overestimation problem is particularly prevalent forworkers at low and near-median deciles of the conditional income distribution. We also findthat the income penalty on over-education is prevalent for most all quantiles, whereas theincome penalty on horizontal mismatch is significant for lower quantiles.
关键词：vertical and horizontal mismatches; income penalty; quantile regression.