Education, allocation and earnings in the Netherlands: overschooling?

Joop Hartog; Hessel Oosterbeek

doi:10.1016/0272-7757(88)90043-X

Education, allocation and earnings in the Netherlands: overschooling?

Joop Hartog^*, Hessel Oosterbeek

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

158 Citations (Scopus)

Abstract

This paper documents the increased participation in higher education in the Netherlands and its consequences for the relation between levels of education and job levels. Undereducation has been reduced, overeducation has been increased. This does not imply private or social inefficiency, as even years of "overeducation" earn a positive rate of return. A general specification of the earnings function is derived from allocation models of the labor market. It contains the human capital specification and the job competition specification as special cases, and proves superior to both.

Original language	English
Pages (from-to)	185-194
Number of pages	10
Journal	Economics of Education Review
Volume	7
Issue number	2
DOIs	https://doi.org/10.1016/0272-7757(88)90043-X
Publication status	Published - 1988
Externally published	Yes

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10.1016/0272-7757(88)90043-X

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Education, allocation and earnings in the Netherlands: overschooling?

Abstract

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