Purpose – The purpose of this paper is to investigate educational mismatch and its interrelationships with unemployment duration. Design/methodology/approach – The authors study unemployment histories of Italian workers using dependent competing risk models. The authors evaluate the impact...

This paper analyzes the process driving graduate workers in undergraduate jobs. Micro and macro perspectives are considered so that the interrelationships between individual mismatch and over-education at the aggregate level are analyzed. The theoretical model highlights that individual mismatch...

This paper studies educational choices in a signaling setting in segmented labor markets. We show that in the presence of heterogeneous working ability imperfectly correlated with schooling costs, equilibria characterized by overeducation may arise. The quality of education is crucial in...