Competencies for young European higher education graduates: labor market mismatches and their payoffs

A.L. Garcia; R.K.W. van der Velden

doi:10.1007/s10734-006-9050-4

Competencies for young European higher education graduates: labor market mismatches and their payoffs

A.L. Garcia^*, R.K.W. van der Velden

^*Corresponding author for this work

Research Centre for Educ and Labour Mark

Research output: Contribution to journal › Article › Academic › peer-review

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Abstract

Labor market rewards based on competencies are analyzed using a sample of young european higher education (he) graduates. Estimates of monetary rewards are obtained from conventional earnings regressions, while estimates total rewards are based on job satisfaction and derived through ordered probit regressions. Results for income show that jobs with higher participative and methodological competency requirements are better paid. The results also show that higher requirements in terms of competencies increase graduates’ job satisfaction.

Original language	English
Pages (from-to)	219-239
Number of pages	21
Journal	Higher Education
Volume	55
Issue number	2
DOIs	https://doi.org/10.1007/s10734-006-9050-4
Publication status	Published - 1 Jan 2008

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Cite this

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title = "Competencies for young European higher education graduates: labor market mismatches and their payoffs",

abstract = "Labor market rewards based on competencies are analyzed using a sample of young european higher education (he) graduates. Estimates of monetary rewards are obtained from conventional earnings regressions, while estimates total rewards are based on job satisfaction and derived through ordered probit regressions. Results for income show that jobs with higher participative and methodological competency requirements are better paid. The results also show that higher requirements in terms of competencies increase graduates{\textquoteright} job satisfaction.",

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AB - Labor market rewards based on competencies are analyzed using a sample of young european higher education (he) graduates. Estimates of monetary rewards are obtained from conventional earnings regressions, while estimates total rewards are based on job satisfaction and derived through ordered probit regressions. Results for income show that jobs with higher participative and methodological competency requirements are better paid. The results also show that higher requirements in terms of competencies increase graduates’ job satisfaction.

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