This paper analyses the causal effects of educational mismatch on wages, individual health and job satisfaction. As educational mismatch is subject to unobserved heterogeneity in all of these fields, different identification strategies are applied to derive causal effects. In the wage...

Education is a well-known driver of (entrepreneurial) income. The measurement of its influence, however, suffers from endogeneity suspicion. For instance, ability and occupational choice are mentioned as driving both the level of (entrepreneurial) income and of education. Using instrumental...