The wage and job satisfaction impacts for over-educated workers have been well-documented; yet little attention has been paid to the consequences for firms. In this paper we examine over-education from the perspective of the workplace. Using linked employer-employee data for the United Kingdom, we derive the standard worker-level penalties on…

Presents an empirical study on misemployment (the underutilization of worker's skills acquired through vocational education) in Hong Kong. Analyzes earnings functions of graduates from various educational fields and for workers employed in various fields. Misemployed graduates received lower earnings than their colleagues working in matched work…