A Study on the Effect of Education Matching on the Wages of Low-Income Labor Force

DOI

10.2991/978-94-6463-230-9_117How to use a DOI?

Keywords

low income; under-education; educational adaptation; over-education

Abstract

This paper found that there are under-education, educational adaptation and over-education in both the low-income labor force and the middle-and high-income labor force. The rate of return on education of low-income labor force is 17.1%, and that of middle-and high-income labor force is 42.2%. In the low-income labor force, the over-educated are subject to significant wage penalties, and their logarithmic wages fall by an average of 0.199 compared with the educational adaptors. Those with under-education received a significant wage premium, and their logarithmic wage income increased by an average of 0.125 compared with the educational adaptors.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Beibei Dong
PY  - 2023
DA  - 2023/09/04
TI  - A Study on the Effect of Education Matching on the Wages of Low-Income Labor Force
BT  - Proceedings of the 3rd International Conference on Internet, Education and Information Technology (IEIT 2023)
PB  - Atlantis Press
SP  - 975
EP  - 979
SN  - 2667-128X
UR  - https://doi.org/10.2991/978-94-6463-230-9_117
DO  - 10.2991/978-94-6463-230-9_117
ID  - Dong2023
ER  -