Skill mismatch in the Costa Rican labor market

Revista de Ciencias Económicas

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Title Skill mismatch in the Costa Rican labor market
Emparejamiento entre competencias y empleo en el mercado laboral costarricense
 
Creator Blanco, Laura Cristina
 
Subject SCHOOLING
HIGHER EDUCATION
HUMAN CAPITAL
MINCER EARNINGS FUNCTION
RATE OF RETURN
OCCUPATIONAL CHOICE
SKILL
OCCUPATIONAL TRAINING
EDUCACIÓN
EDUCACIÓN SUPERIOR
CAPITAL HUMANO
FUNCIONES DE INGRESO DE MINCER
TASAS DE RETORNO
DECISIÓN OCUPACIONAL
COMPETENCIAS
CAPACITACIÓN OCUPACIONAL
 
Description Skill mismatches are estimated using the National Household Survey 2011-2017, as defined by Chevalier (2003).  A logit multinomial analysis is used to study the covariates of skill mismatches and wage equations are analyzed as a function of the workers’ skill mismatches and competence levels.  The working adult population is found to have an underqualification level of 28.9%, while apparent and genuine overqualification levels are 13.3% and 0.8%, respectively.  Results show that underqualification is associated to a wage premium of about 30%, while apparent and genuine overqualification have a 35% and 47.5% wage penalty, respectively.  Graduates from tertiary institutions with an apparent overqualification level report a wage penalty of 38.9%, and it increases to 49.3% for those with a genuine overqualification level.
Se utilizó la Encuesta Nacional de Hogares 2011-2017 para estimar los tipos de emparejamiento laborales a partir de la definición de Chevalier (2003).  Se estudian los covariantes al tipo de emparejamiento utilizando un análisis logit multinomial y se analizan las ecuaciones salariales en función del tipo de emparejamiento y el nivel de competencias. Para la población ocupada mayor de edad se encuentra una tasa de subcalificación de 28.9%, mientras que las tasas de aparente y genuina sobrecalificación son de 13.3% y 0.8%, respectivamente.  Los resultados muestran que la subcalificación se encuentra asociada a un premio salarial de aproximadamente 30%, mientras que la aparente sobrecalificación y la sobrecalificación real presentan un castigo promedio equivalente al 35% y 47.5% del salario, respectivamente.  Para la población con estudios superiores, el castigo a la aparente y genuina sobrecalificación se estiman en 38.9% y 49.3%, respectivamente.
 
Publisher Universidad de Costa Rica
 
Date 2019-12-17
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
application/epub+zip
audio/mpeg
 
Identifier https://revistas.ucr.ac.cr/index.php/economicas/article/view/38868
10.15517/rce.v37i2.38868
 
Source Revista de Ciencias Económicas; Vol 37 No 2 (2019): Revista de Ciencias Económicas: (July - December); 7-41
Revista de Ciencias Económicas; Vol. 37 Núm. 2 (2019): Revista de Ciencias Económicas: (julio - diciembre); 7-41
2215-3489
0252-9521
 
Language spa
 
Relation https://revistas.ucr.ac.cr/index.php/economicas/article/view/38868/40844
https://revistas.ucr.ac.cr/index.php/economicas/article/view/38868/40913
https://revistas.ucr.ac.cr/index.php/economicas/article/view/38868/40914
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Rights Derechos de autor 2019 Laura Cristina Blanco
https://creativecommons.org/licenses/by-nc-nd/3.0/cr/
 

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