What is the impact of the minimum wage on the college wage premium? I show that job-ladder models imply that the effect should be small on impact--raising only the wages of workers bound by the minimum wage--and grow over time as workers slowly move up the job ladder. Guided by my theory, I present evidence that these dynamic effects are present…

Evidence on gender inequality in the labor market is extensive. However, little is known about the potential role of overeducation and horizontal mismatch in explaining women's labor-market disadvantages. We draw on recent data from the Eurograduate pilot survey to investigate the role of overeducation, field-of-study mismatch and field-specific…

College-educated workers in jobs unrelated to their degree generally receive lower wages compared to well-matched workers. Our analysis of data from the National Survey of College Graduates shows that although the rate of this mismatch declined only slightly (19% to 17%), the wage penalty increased by 51% between 1993 and 2019. Changes in the…

Data showing what students earn after attending higher education institutions have become increasingly available, bolstering calls from policymakers and advocates that government financial aid programs should be tied to those outcomes. Often overlooked, however, is that these data and policies usually reflect the earnings of only students who…

Teacher quality is the most important school-related factor influencing student achievement. Closing the growing pay gap between teachers and other college graduate professionals is critical to public education. This report provides an update to a series that has tracked public school teacher wages and compensation over the last two decades.…

This paper explores the temporary-permanent wage gap experienced by Italian graduate workers. To evaluate the wage gap along the entire wage distribution and account for heterogeneous effects of temporary employment, we apply the Recentered Influence Function (RIF) regression approach. The results suggest that the monthly net wage earned by…

This study focuses on the increasing disparities in STEM education achievement and long-term wage earnings of under-represented minority groups. As part of national efforts to improve the diversity of the STEM workforce, this study uses longitudinal data from the University of Houston's Education Research Center (UH-ERC) to examine the effect of…

Using a unique pan-European dataset, we rely on two alternative measures of over-education and control stepwise for four groups of covariates in order to interpret the over-education wage penalty in light of theoretical models. Firstly, it appears that a significant fraction (i.e. between 1/5 and 1/3) of PhD holders in Europe are genuinely…

This study analyzes college graduates in the workplace to evaluate the effects of horizontal mismatches between education and jobs on wages and mobility. Using the Heckman-Lee and probit models, this study shows that a gender wage gap still exists. However, the size of the gender wage differential depends on the extent of mismatch. Specifically,…

We test for the signaling hypothesis versus the human capital theory using the Wiles test in a country which has experienced a dramatic increase in the supply of skills in a relatively short period of time. For this purpose, we construct a job match index based on the usefulness of school-provided skills and the relevance of the job performed to…

Using data collected from more than 5.8 million high school and college graduates ages 18 to 65 years who participated in the American Community Survey between 2009 and 2021, the authors estimate the internal rates of return (IRRs) for individuals with college degrees in 10 broad majors compared with high school graduates. The analysis shows…

The study is devoted to the evaluation of the determinants of job-education mismatches and their impact on salaries of university graduates. We use a comprehensive and nationally representative survey of Russian university graduates. The study employs a self-evaluated measure of mismatch and a statistical variant for robustness and interpretation…

Recent years have seen accelerating interest in measuring the employment outcomes of recent college graduates. New data tools and research, such as the College Scorecard, increasingly sophisticated state-level data systems, and studies investigating students' long-term economic mobility, continue to roll out. While postgraduate wages have been an…

Purpose: This study aids to examine the impact of extending the internship period on the transition from school to work of vocational school of higher education graduates and subsequent employment outcomes. Design/methodology/approach: Within the scope of the study, the results regarding the labour market of the vocational school students…

Each year, Statistics Canada releases data on the labour market outcomes of college and university graduates using data from the Education and Labour Market Longitudinal Platform (ELMLP). Statistics Canada has developed the ELMLP in collaboration with the provincial and territorial ministries of education, Employment and Social Development Canada…