TY  - RPRT
        AU  - Kampelmann, Stephan
AU  - Mahy, Benoît
AU  - Rycx, François
AU  - Vermeylen, Guillaume
        TI  - Who Is Your Perfect Match? Educational Norms, Educational Mismatch and Firm Profitability
        PY  - 2016/Nov/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 10399
        UR  - https://www.iza.org/index.php/publications/dp10399
        AB  - We provide first evidence regarding the direct effect of educational norms and educational mismatch on the bottom line of firms across work environments. To do so, we use rich Belgian linked employer-employee panel data, rely on the methodological approach pioneered by Hellerstein et al. (1999), and estimate dynamic panel data models at the firm level. Our findings show an 'inverted L' profitability profile: undereducation is associated with lower profits, whereas higher levels of normal and overeducation are correlated with positive economic rents of roughly the same magnitude. The size of these effects is amplified in firms experiencing economic uncertainty or operating in high-tech sectors.
        KW  - linked panel data
KW  - educational mismatch
KW  - productivity-wage gaps
        ER  -