Aina, Carmen; Pastore, Francesco - Institute for the Study of Labor (IZA) - 2012
The academic circles are devoting a growing interest to delayed graduation and overeducation, but none has analyzed the … capital model, delayed graduation increases a student' human capital and should, therefore, reduce her probability of being … overeducated, while increasing her wage. According to the screening hypothesis, instead, delayed graduation signals low skills and …