文摘
Our paper explores the way in which the education-job mismatches impacts the working benefits of higher education graduates. In order to estimate the ¡°wage penalty¡±, we analyse REFLEX data set, which includes information on early career outcomes of school leavers graduating ISCED 5 in 1999/2000. The survey was carried out in 2005 among higher graduates from 14 countries. Our cross-country analysis compares the wage distribution of matched graduates with that of the mismatched graduates using nonparametric kernel methods to handle a mix of continuous, unordered, and ordered factor data types. The obtained results show a negative effect of the education-job mismatch on wages in most of the countries.