Measurement of Individuals' Overeducation in the Labour Market of Turkey: Bivariate Probit Model Application

Kantarmaci S., Demiroglari S., Erk H., ÜÇDOĞRUK BİRECİKLİ Ş.

SOSYOEKONOMI, cilt.29, sa.48, ss.271-292, 2021 (ESCI) identifier

  • Yayın Türü: Makale / Tam Makale
  • Cilt numarası: 29 Sayı: 48
  • Basım Tarihi: 2021
  • Doi Numarası: 10.17233/sosyoekonomi.2021.02.14
  • Dergi Adı: SOSYOEKONOMI
  • Derginin Tarandığı İndeksler: Emerging Sources Citation Index (ESCI), TR DİZİN (ULAKBİM)
  • Sayfa Sayıları: ss.271-292
  • Anahtar Kelimeler: Overeducation, Probit Model, Heckman's Two-Stage Selection Model, OVER-EDUCATION, EARNINGS, MISMATCH, IMPACT
  • Dokuz Eylül Üniversitesi Adresli: Evet

Özet

The present study aims to empirically investigate the overeducation phenomenon within the context of the Turkish labour market. For this purpose, data belonging to the working population aged 15-65 are extracted from the Turkish household workforce survey results covering the period of 2014-2018. Analyses were conducted based on a two-state probit model. Heckman' s (1979) two-stage probit selection model was used to consider unobservable factors affecting the decision to participate in the labour market and the overeducation status. The findings indicate that while experience harms overeducation, an increase in the education level has a positive effect on overeducation. The study concludes with policy recommendations.