BazEkon - The Main Library of the Cracow University of Economics

BazEkon home page

Main menu

Author
Wronowska Gabriela (Cracow University of Economics, Poland / Wydział Ekonomii i Stosunków Międzynarodowych)
Title
Overeducation in the Labour Market
Source
Ekonomia i Prawo, 2017, t. 16, nr 2, s. 219-228, bibliogr. 23 poz.
Economics and Law
Keyword
Rynek pracy, Kapitał ludzki, Edukacja ekonomiczna
Labour market, Human capital, Economic education
Note
JEL Classification: A11, A12, A14
summ.
Abstract
Motivation: Many new phenomena which the Polish economy had never seen before transition manifested themselves. The society showed greater interest in higher education and the market for education services expanded, increasing the number of colleges and universities. This helped the spread of higher education, which for years determined the level of human capital represented by the supply of labour. Today's labour market in Poland is showing signs of imbalance. One of the reasons involves overeducation. The phenomenon has been known since the 1970s. It was then described for the first time in pertinent literature, with the US where overeducation occurred on a large scale and where it had a number of adverse effects across the entire economy having been used as an example. It seems important to understand and analyse the reasons for the emergence and perpetuation of this phenomenon on the Polish labour market and to indicate its implication. Aim: The paper aims to present and discuss overeducation in terms of selected economic theories, identify its causes in Poland and further to determine the economic and social implications of the persistence of the phenomenon in the long run. Results: Based on the author's analysis, it can be concluded that overeducation is a complex phenomenon. It is possible to identify several reasons for its occurrence and long-drawn persistence on the Polish labour market. Some of the reasons have to do with the dynamic growth of the labour market and the educational services sector, society's desire to gain higher education, structural mismatches in the labour market and a common education policy at the EU level. Overedutaion has far-reaching consequences, both for the entire economy and the single participant of the labour market alike. The fact of its occurrence determines the processes taking place in the labour market. (original abstract)
Full text
Show
Bibliography
Show
  1. Arak, P. (2013). Wejście młodych ludzi na rynek pracy. Oczekiwania i możliwości realizacji. Polityka Społeczna, 10.
  2. Boylan, R.D. (1993). The effect of the number of diplomas on their values. Sociology of Education, 66(3). doi:10.2307/2112737.
  3. Budria, S., & Moro-Egido, A.I. (2009). The overeducation phenomenon in Europe. Revista Internacional de Sociologia, 67(2). doi:10.3989/ris.2008.02.01.
  4. Collins, R. (1979). The credential society: an historical sociology of education and stratification. New York: Academic Press.
  5. Eurostat. (2016). Retrieved 24.12.2016 from http://ec.europa.eu/eurostat.
  6. Gmerek, T. (2001). Młodzież i dyplom akademicki. Społeczne konstrukcje sukcesu życiowego. In Z. Melosik (Ed.), Młodzież, styl życia i zdrowie. Konteksty i kontrowersje. Poznań: Wolumin.
  7. GUS. (2015). Szkoły wyższe i ich finanse 2014. Retrieved 24.12.2016 from http://stat.gov.pl.
  8. Hogarth, T., & Wilson, R. (2001). Skills matter: a synthesis of research on the extent, causes and implications of skills deficiencies. Nottingham: Department for Education and Skills.
  9. Hurn, C.J. (1985). The limits and possibilities of schooling. Boston: Allyn & Bacon.
  10. Kiersztyn, A. (2011). Racjonalne inwestycje czy złudne nadzieje: nadwyżka wykształcenia na polskim rynku pracy. Polityka Społeczna, 1.
  11. Kiersztyn, A. (2013). Stuck in a mismatch? The persistence of overeducation during twenty years of the post-communist transition in Poland. Economics of Education Review, 32. doi:10.1016/j.econedurev.2012.09.009.
  12. Kiersztyn, A. (2015). Niepewne uczestnictwo - młodzi na polskim rynku pracy w latach 2008-2013. Retrieved 24.12.2016 from http://polpan.org.
  13. Marcinkowska, I., Ruzik, A., Strawiński, P., & Walewski, M. (2008). Badanie struktury i zmian rozkładu wynagrodzeń w Polsce w latach 2000-2006. Retrieved 24.12.2016 from http://www.analizy.mpips.gov.pl.
  14. McGuinness, S. (2006). Overeducation in the labour market. Journal of Economic Surveys, 20(3). doi:10.1111/j.0950-0804.2006.00284.x.
  15. McGuinness, S., & Bennett, J. (2006). Examining the link between skill shortages, training composition and productivity levels in the Northern Ireland construction industry. International Journal of Human Resource Management, 17(2). doi:10.1080/09585190500405538.
  16. Melosik, Z. (2013). Edukacja uniwersytecka i procesy stratyfikacji społecznej. Kultura-Społeczeństwo-Edukacja, 1(3).
  17. PARP. (2011). Bilans Kapitału Ludzkiego w Polsce. Raport podsumowujący pierwszą edycję badań realizowaną w 2010 roku. Retrieved 24.12.2016 from https://bkl.parp.gov.pl.
  18. Piróg, D. (2013). Wybrane determinanty tranzycji absolwentów studiów wyższych na rynek pracy. Studia Ekonomiczne. Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach, 160.
  19. Piróg, D. (2015). A geography graduate's transition into the labour market in Poland: a quantitative and qualitative evaluation of the process. Bulletin of Geography. Socio-Economic Series, 29(29). doi:10.1515/bog-2015-0028.
  20. Rękas, M. (2015). Sytuacja ludzi młodych na rynku pracy w Polsce i innych krajach Unii Europejskiej w latach 2008-2013. Studia Ekonomiczne. Zeszyty Naukowe Uniwersytetu Ekonomicznego w Katowicach, 214.
  21. Sicherman, N., & Galor, O. (1990). A theory of career mobility. Journal of Political Economy, 98(1). doi:10.1086/261674.
  22. Thurow, L. (1972). Education and economic equality. The Public Interest, 28.
  23. Verhaest, D., & Omey E. (2010). The determinants of overeducation: different measures, different outcomes? International Journal of Manpower, 31(6). doi:10.1108/01437721011073337.
Cited by
Show
ISSN
1898-2255
Language
eng
URI / DOI
http://dx.doi.org/10.12775/EiP.2017.015
Share on Facebook Share on Twitter Share on Google+ Share on Pinterest Share on LinkedIn Wyślij znajomemu