Over-education, under-education and credentialism in the Australian labour market
This report examines whether expansion in education has led to credentialism in the workforce. The authors employ the ‘ORU’ model to compare the required level of education for a job and the actual level which is held by an individual in that job. This model defines an individual as being over-educa...
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| Format: | Book |
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National Centre for Vocational Education Research (NCVER)
2012
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| Online Access: | http://www.ncver.edu.au/publications/2521.html http://hdl.handle.net/20.500.11937/11971 |
| _version_ | 1848747948204097536 |
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| author | Dockery, Alfred Michael Miller, Paul |
| author2 | Karmel, T. |
| author_facet | Karmel, T. Dockery, Alfred Michael Miller, Paul |
| author_sort | Dockery, Alfred Michael |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This report examines whether expansion in education has led to credentialism in the workforce. The authors employ the ‘ORU’ model to compare the required level of education for a job and the actual level which is held by an individual in that job. This model defines an individual as being over-educated (O) for their job, having the right level of education (R), or being under-educated (U). Credentialism is then measured against the benchmark ‘right’ level for older cohorts. Findings show that younger cohorts will suffer from credentialism to the extent that more of them are over-educated compared with the older cohort. The ‘bite’ of credentialism is then measured by the wage penalty associated with this over education. However, the penalty is a modest one and on the whole additional study results in skills which are rewarded by higher wages. |
| first_indexed | 2025-11-14T06:57:15Z |
| format | Book |
| id | curtin-20.500.11937-11971 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T06:57:15Z |
| publishDate | 2012 |
| publisher | National Centre for Vocational Education Research (NCVER) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-119712023-02-02T07:57:37Z Over-education, under-education and credentialism in the Australian labour market Dockery, Alfred Michael Miller, Paul Karmel, T. Beddie, F. Burke, G. Edwards, A. McGaw, B. Ryan, R. Miller, P. Dearden, L. Finegold, D. This report examines whether expansion in education has led to credentialism in the workforce. The authors employ the ‘ORU’ model to compare the required level of education for a job and the actual level which is held by an individual in that job. This model defines an individual as being over-educated (O) for their job, having the right level of education (R), or being under-educated (U). Credentialism is then measured against the benchmark ‘right’ level for older cohorts. Findings show that younger cohorts will suffer from credentialism to the extent that more of them are over-educated compared with the older cohort. The ‘bite’ of credentialism is then measured by the wage penalty associated with this over education. However, the penalty is a modest one and on the whole additional study results in skills which are rewarded by higher wages. 2012 Book http://hdl.handle.net/20.500.11937/11971 http://www.ncver.edu.au/publications/2521.html National Centre for Vocational Education Research (NCVER) fulltext |
| spellingShingle | Dockery, Alfred Michael Miller, Paul Over-education, under-education and credentialism in the Australian labour market |
| title | Over-education, under-education and credentialism in the Australian labour market |
| title_full | Over-education, under-education and credentialism in the Australian labour market |
| title_fullStr | Over-education, under-education and credentialism in the Australian labour market |
| title_full_unstemmed | Over-education, under-education and credentialism in the Australian labour market |
| title_short | Over-education, under-education and credentialism in the Australian labour market |
| title_sort | over-education, under-education and credentialism in the australian labour market |
| url | http://www.ncver.edu.au/publications/2521.html http://hdl.handle.net/20.500.11937/11971 |