TY - RPRT AU - Baert, Stijn AU - Cockx, Bart AU - Verhaest, Dieter TI - Overeducation at the Start of the Career: Stepping Stone or Trap? PY - 2012/May/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 6562 UR - https://www.iza.org/publications/dp6562 AB - 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. KW - overqualification KW - underemployment KW - school-to-work transitions KW - duration analysis KW - dynamic treatment ER -