Article Green Open Access 2008

Competencies for young European higher education graduates: Labor market mismatches and their payoffs

GA
García-Aracil, Adela
 VD
van der Velden, Rolf K.W.
Higher Education
Journal · Vol. 55 · Issue 2 · pp. 219-239
Abstract

Labor market rewards based on competencies are analyzed using a sample of young European higher education (HE) graduates. Estimates of monetary rewards are obtained from conventional earnings regressions, while estimates total rewards are based on job satisfaction and derived through ordered probit regressions. Results for income show that jobs with higher participative and methodological competency requirements are better paid. The results also show that higher requirements in terms of competencies increase graduates' job satisfaction. © 2007 Springer Science + Business Media B.V.

Keywords

Author Keywords

Competencies job satisfaction Income Assignment theory Labor market mismatches

Index Keywords

Author Affiliations
Institute for Innovation and Knowledge Management, Universitat de València, Valencia, Valencia, Spain
Universiteit Maastricht, Maastricht, Limburg, Netherlands
Funding & Acknowledgements
No funding information
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