Robustness of wage effects of educational mismatch
| Variables | (1) Drop Exp | (2) + Occupation FE | (3) Random effects |
|---|---|---|---|
| Overeducated | 0.0580*** (0.00212) | −0.0282*** (0.00226) | −0.0057*** (0.002111) |
| Undereducated | 0.0195*** (0.00189) | −0.0057*** (0.00211) | 0.1017*** (0.00123) |
| Experience | – | Yes | Yes |
| Experience2 | – | Yes | Yes |
| Occupation FE | No | Yes | No |
| Controls | Yes | Yes | Yes |
| Year FE | Yes | Yes | Yes |
| Individual FE | Yes | Yes | Yes |
| Observations | 1,532,949 | 1,532,949 | 1,532,949 |
| Hausman χ2 | 45.32*** |
| Variables | (1) Drop Exp | (2) + Occupation FE | (3) Random effects |
|---|---|---|---|
| Overeducated | 0.0580*** (0.00212) | −0.0282*** (0.00226) | −0.0057*** (0.002111) |
| Undereducated | 0.0195*** (0.00189) | −0.0057*** (0.00211) | 0.1017*** (0.00123) |
| Experience | – | Yes | Yes |
| Experience2 | – | Yes | Yes |
| Occupation FE | No | Yes | No |
| Controls | Yes | Yes | Yes |
| Year FE | Yes | Yes | Yes |
| Individual FE | Yes | Yes | Yes |
| Observations | 1,532,949 | 1,532,949 | 1,532,949 |
| Hausman | 45.32*** |
Note(s): Standard errors in parentheses ***p < 0.01, **p < 0.05, *p < 0.1