Main Article Content
Abstract
The mismatch between jobs and skills indicates the match model in the job market is not going well, which is referred to as (e.g.) labor match, which leads to overeducation and undereducation in the job market. This research was conducted to find the influence of growth, overeducation and undereducation on wages in Southeast Asia. The data used is secondary data sourced from https://ilostat.ilo.org/data/ data in 2010-2019, especially in 8 Southeast Asian countries consisting of Brunai Darusalam, Philippines, Laos, Indonesia, Cambodia, Thailand, Timor Leste and Vietnam. The results found that the workers with the highest undereducated levels were in Timor Laste, then Laos and Cambodia. Worker conditions in developing countries such as Southeast Asia have more undereducation conditions than overeducation. Economic growth, overeducation and undereducatio affect workers' wages.
Keywords: overeducation, undereducation, mismatch, labor
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References
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- Mpendulo, G., & Mang’unyi, E. E. (2018). Exploring Relationships between Education Level and Unemployment. Journal of Social Sciences (COES&RJ-JSS), 7(2), 86–102. https://doi.org/10.25255/jss.2018.7.2.86.102
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- Reis, M. (2018). Measuring the mismatch between field of study and occupation using a task-based approach. Journal for Labour Market Research, 52(1). https://doi.org/10.1186/s12651-018-0243-y
- Rohrbach-Schmidt, D., & Tiemann, M. (2016). Educational (Mis)match and skill utilization in Germany: Assessing the role of worker and job characteristics. Journal for Labour Market Research, 49(2), 99–119. https://doi.org/10.1007/s12651-016-0198-9
- Romer, D. (2019). Advanced Macroeconomics (Fifth Edition). In McGraw Hill (Issue 493).
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- Smith, S. C., & Todaro, M. . (2015). Economic Development (Twelfth Edition).
- Song, C., & Wei, C. (2019). Unemployment or out of the labor force: A perspective from time allocation. Labour Economics, 61, 101768. https://doi.org/10.1016/j.labeco.2019.101768
- Sparreboom, T., & Tarvid, A. (2016). Imbalanced Job Polarization and Skills Mismatch in Europe. Journal for Labour Market Research, 49(1), 15–42. https://doi.org/10.1007/s12651-016-0196-y
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References
Albanese, A., Picchio, M., & Ghirelli, C. (2020). Timed to Say Goodbye: Does Unemployment Benefit Eligibility Affect Worker Layoffs? Labour Economics, 65(April). https://doi.org/10.1016/j.labeco.2020.101846
Authority, N. E. and D. (2014). Philippine Development Plan 2011-2016 Midterm Update (With Revalidated Results Matrices). 10. http://www.hudcc.gov.ph/sites/default/files/styles/large/public/document/PHILIPPINE DEVELOPMENT PLAN.pdf
Battu, H., & Bender, K. A. (2020). Educational mismatch in developing countries: A review of the existing evidence. In The Economics of Education: A Comprehensive Overview. Elsevier Ltd. https://doi.org/10.1016/B978-0-12-815391-8.00020-3
Blundell, R. (2016). Labor Supply and Taxation. Labor Supply and Taxation. https://doi.org/10.1093/acprof:oso/9780198749806.001.0001
Bucci, A., & Segre, G. (2011). Culture and human capital in a two-sector endogenous growth model. Research in Economics, 65(4), 279–293. https://doi.org/10.1016/j.rie.2010.11.006
Cahuc, Pierre, Stéphane Carcillo & André Zylberberg. (2019). Labor Economics. Cambridge, Massachusetts. London.
Chen, Y., Wang, L., & Zhang, M. (2018). Informal search, bad search?: the effects of job search method on wages among rural migrants in urban China. Journal of Population Economics, 31(3), 837–876. https://doi.org/10.1007/s00148-017-0672-x
DeLoach, S. B., & Kurt, M. (2018). On-the-Job Search, Mismatch and Worker Heterogeneity. Journal of Labor Research, 39(2), 219–233. https://doi.org/10.1007/s12122-018-9263-1
Di Stasio, V. (2017). Who Is Ahead in the Labor Queue? Institutions’ and Employers’ Perspective on Overeducation, Undereducation, and Horizontal Mismatches. Sociology of Education, 90(2), 109–126. https://doi.org/10.1177/0038040717694877
Figlio, D., Holden, K. L., & Ozek, U. (2018). Do students benefit from longer school days? Regression discontinuity evidence from Florida’s additional hour of literacy instruction. Economics of Education Review, 67, 171–183. https://doi.org/10.1016/j.econedurev.2018.06.003
Groot, W., & Maassen Van Den Brink, H. (2000). Overeducation in the labor market: A meta-analysis. Economics of Education Review, 19(2), 149–158. https://doi.org/10.1016/S0272-7757(99)00057-6
Guglielminetti, E., & Pouraghdam, M. (2018). Time-varying job creation and macroeconomic shocks. Labour Economics, 50, 156–179. https://doi.org/10.1016/j.labeco.2017.09.008
Guo, J., Tang, Q., & Jin, G. (2020). Labor protection and the efficiency of human capital investment. Economic Analysis and Policy. https://doi.org/10.1016/j.eap.2020.12.006
Hartato, H. (2020). The Analysis of Vertical Mismatch and Manufacturing Labor Wage by Using Cramer’s V Method. Jurnal Public Policy, 6(1), 1. https://doi.org/10.35308/jpp.v6i1.1564
Ivanov, B., Pfeiffer, F., & Pohlan, L. (2020). Do job creation schemes improve the social integration and well-being of the long-term unemployed? Labour Economics, 64(October 2019). https://doi.org/10.1016/j.labeco.2020.101836
Khola Asif. (2013). Factors Effecting Unemployment : A Cross Country Analysis. International Journal of Academic Research in Business and Social Sciences, 3(1), 219–230.
Lacuesta, A., Puente, S., & Villanueva, E. (2020). The schooling response to a sustained increase in low-skill wages: evidence from Spain 1989–2009. SERIEs, 11(4), 457–499. https://doi.org/10.1007/s13209-020-00218-0
Liu, Y., Yin, L., & Guo, J. (2020). The quality of higher education and overeducation: Where should higher education funding go? Finance Research Letters, 101824. https://doi.org/10.1016/j.frl.2020.101824
Mavromaras, K., & Sloane, P. J. (2015). Mismatch on the Labor Market. In International Encyclopedia of the Social & Behavioral Sciences: Second Edition (Second Edi, Vol. 15). Elsevier. https://doi.org/10.1016/B978-0-08-097086-8.94009-1
McConnell, C. R., Brue, S. L., & Macpherson, D. A. (2017). Contemporary Labor Economics. https://doi.org/10.1002/pros.20609
McGuiness, S., & Redmond, P. (2017). Educational Mismatch in Low and Middle Income Countries. May. http://www.ilo.org/wcmsp5/groups/public/---ed_emp/---ifp_skills/documents/presentation/wcms_554334.pdf
McGuinness, S., Pouliakas, K., & Redmond, P. (2017). How Useful Is the Concept of Skills Mismatch? In IZA Discussion Paper (Issue 10786).
Merkl, C., & van Rens, T. (2019). Selective hiring and welfare analysis in labor market models. Labour Economics, 57(January 2018), 117–130. https://doi.org/10.1016/j.labeco.2019.01.008
Mpendulo, G., & Mang’unyi, E. E. (2018). Exploring Relationships between Education Level and Unemployment. Journal of Social Sciences (COES&RJ-JSS), 7(2), 86–102. https://doi.org/10.25255/jss.2018.7.2.86.102
Muja, A., Blommaert, L., Gesthuizen, M., & Wolbers, M. H. J. (2019). The role of different types of skills and signals in youth labor market integration. Empirical Research in Vocational Education and Training, 11(1). https://doi.org/10.1186/s40461-019-0081-3
Obiols-Homs, F., & Sánchez-Marcos, V. (2018). Education outcomes and the labor market. Labour Economics, 54, 14–28. https://doi.org/10.1016/j.labeco.2018.06.001
Reis, M. (2018). Measuring the mismatch between field of study and occupation using a task-based approach. Journal for Labour Market Research, 52(1). https://doi.org/10.1186/s12651-018-0243-y
Rohrbach-Schmidt, D., & Tiemann, M. (2016). Educational (Mis)match and skill utilization in Germany: Assessing the role of worker and job characteristics. Journal for Labour Market Research, 49(2), 99–119. https://doi.org/10.1007/s12651-016-0198-9
Romer, D. (2019). Advanced Macroeconomics (Fifth Edition). In McGraw Hill (Issue 493).
Sam, V. (2018). Overeducation among graduates in developing countries: What impact on economic growth? IDEAS Working Paper Series from RePEc, 87674.
Smith, S. C., & Todaro, M. . (2015). Economic Development (Twelfth Edition).
Song, C., & Wei, C. (2019). Unemployment or out of the labor force: A perspective from time allocation. Labour Economics, 61, 101768. https://doi.org/10.1016/j.labeco.2019.101768
Sparreboom, T., & Tarvid, A. (2016). Imbalanced Job Polarization and Skills Mismatch in Europe. Journal for Labour Market Research, 49(1), 15–42. https://doi.org/10.1007/s12651-016-0196-y
Ueno, K., & Krause, A. (2018). Overeducation, perceived career progress, and work satisfaction in young adulthood. Research in Social Stratification and Mobility, 55(May 2017), 51–62. https://doi.org/10.1016/j.rssm.2018.03.003