Browsing by Author "Valeza, Kristine Mae"
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Item Restricted A cross-industry comparison of the wage effects on job education mismatch(2016-12-20) Abrenilla, Keeve Jazzer ; Valeza, Kristine Mae ; Escresa, Laarni C.Job-education mismatch occurs when an individual possesses a level of education in excess or lacking of the level of education required for their particular job (McGuinness, 2006). The objective of this study is to shed light on the quantifiable effects of having a job-education mismatch on wages, how these differ across the industries, i.e. capital-intensive and labor-intensive ones, and its implications on the labor force. It follows that there may be a unique corresponding level of education required per industry. We expect to see a low level of education required in industries that are labor-intensive and a high level required in industries that are capital-intensive ones. Over-education has a larger return than required education in the Philippines and this effect persists in the long run. In general, the wage effects of over-education has more bearing than the wage effects of under-education. We examined data from the Labor Force Survey (LFS) and organizing the individual’s primary occupation into the 11 sectors based on the national industry classification, the Philippine Standard Industrial Classification (PSIC), and comparing the wage effects across these industries.