@TechReport{iza:izadps:dp7093,
            	author={Kampelmann, Stephan and Rycx, François},
            	title={The Impact of Educational Mismatch on Firm Productivity: Evidence from Linked Panel Data},
            	year={2012},
	month={Dec},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={7093},
            	url={https://www.iza.org/publications/dp7093},
	abstract={We provide first evidence regarding the direct impact of educational mismatch on firm productivity. To do so, we rely on representative linked employer-employee panel data for Belgium covering the period 1999-2006. Controlling for simultaneity issues, time-invariant unobserved workplace characteristics, cohort effects and dynamics in the adjustment process of productivity, we find that: i) a higher level of required education exerts a significantly positive influence on firm productivity, ii) additional years of over-education (both among young and older workers) are beneficial for firm productivity, and iii) additional years of under-education (among young workers) are detrimental for firm productivity.},
	keywords={linked panel data;productivity;educational mismatch;GMM},
            }