%0 Report
        %A Baert, Stijn
%A Cockx, Bart
%A Verhaest, Dieter
        %T Overeducation at the Start of the Career: Stepping Stone or Trap?
        %D 2012
        %8 2012 May
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 6562
        %U https://www.iza.org/publications/dp6562
        %X This study investigates whether young unemployed graduates who accept a job below their level of education accelerate or delay the transition into a job that matches their level of education. We adopt the Timing of Events approach to identify this dynamic treatment effect using monthly calendar data from a representative sample of Flemish (Belgian) youth who started searching for a job right after leaving formal education. We find that overeducation is a trap. This trap is especially important early in the unemployment spell. Our results are robust across various specifications and for two overeducation measures.
        %K overqualification
%K underemployment
%K school-to-work transitions
%K duration analysis
%K dynamic treatment