publication . Article . Report . Preprint . Other literature type . 2019

Education as investment, consumption or adapting to social norm: Implications for educational mismatch among graduates

Sana Sellami; Dieter Verhaest; Walter Nonneman; Walter Van Trier;
Closed Access English
  • Published: 18 Dec 2019 Journal: Education economics (issn: 0964-5292, Copyright policy)
  • Country: Belgium
We investigate the role of four motives to participate in higher education – investment, educational consumption, student life consumption and social pressure – on field of study choices and academic performance and on three labour market outcomes – over-education, wages and job satisfaction. We use data on three cohorts of about 3000 Flemish individuals documenting the transition from education to work. Principal components are used to identify the four study motives. Effects of study motives on field of study choices and academic performance are estimated using logit respectively Poisson regression. Effects on over-education are measured by two-bit regression ...
free text keywords: Educational sciences, Social Sciences, Economics and Econometrics, Education, educational motives, educational choices, job satisfaction, wages, underemployment, overqualification, SELF-DETERMINATION, OVER-EDUCATION, LABOR-MARKET, OVEREDUCATION, EARNINGS, RETURNS, DEMAND, CHOICE, DETERMINANTS, MOTIVATIONS, Economics, Educational motives, Higher education, Graduates, Wages, Job satisfaction, Underemployment, Over-qualification, Logit, Poisson regression, symbols.namesake, symbols, Norm (social), Labour economics, Higher education, business.industry, business
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Barro, R. J., & Lee, J. W. (2013). A new data set of educational attainment in the world, 1950-2010. Journal of development economics, 104, 184-198..

Battu, H., Belfield, C. & Sloane, P. (1999), 'Overeducation among graduates: a cohort view', Education Economics, 7, 21-39.

Coleman, J.S. (1988), 'Social Capital in the Creation of Human Capital', The American Journal of Sociology, 94, 95- 120.

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