, undereducation, returns to over- and undereducation, international comparison Acknowledgement: The author wishes to thank Péter … education (R2); the returns to years of undereducation are negative (R3), but their absolute value is smaller than the returns … are always significant (R6), whereas those to undereducation are not so (R7). Second, applying the statistical tests …

of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage … predicts a wage penalty for overeducation and a wage reward for undereducation, and further predicts that the wage penalty will …

of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage … predicts a wage penalty for overeducation and a wage reward for undereducation, and further predicts that the wage penalty will …

undereducation. Workers with more education than required for their jobs are observed to suffer wage penalties relative to workers … overeducation and a wage reward for undereducation, and further predicts that the wage penalty will exceed the wage reward. This …

of overeducation and undereducation. Workers with more education than required for their jobs are observed to suffer wage … predicts a wage penalty for overeducation and a wage reward for undereducation, and further predicts that the wage penalty will …