Is more always good? Over-education, job satisfaction and wages on the Czech labor market

In: Society and economy: journal of the Corvinus University of Budapest, Band 37, Heft 3, S. 403-414

Abstract

The notion of over-education has drawn considerable research attention since the work of Freeman (1976). This study provides evidence that education match matters for labor market outcomes. Using data from the REFLEX survey, we find that over-education and over-skilling has a significant negative impact on wages and job satisfaction in the Czech labor market. Secondly, we find that the wage penalty is stronger for female respondents. In contrast, overskilled and overeducated men are more dissatisfied than women.