Education–Occupation Mismatch and Its Wage Penalties in Informal Employment in Thailand
| Autor: | Tanthaka Vivatsurakit, Jessica Vechbanyongratana |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: | |
| Zdroj: | Asian Development Review, Vol 38, Iss 1, Pp 119-141 (2021) |
| Druh dokumentu: | article |
| ISSN: | 1996-7241 0116-1105 |
| DOI: | 10.1162/adev_a_00160 |
| Popis: | This study examines the incidence of vertical mismatch among formal and informal workers in Thailand. Using the 2011, 2013, and 2015 Thailand Household Socio-economic Surveys, the study analyzes the relationship between vertical mismatch and wage penalties and premiums across four types of workers: formal government, formal private firm, informal private firm, and informal own-account workers. The incidence of overeducation is modest among the oldest cohort (8.7%) but prevalent among the youngest cohort (29.3%). Government employees face the highest overeducation wage penalties (28.2%) compared to matched workers, while in private firms, informal workers have consistently higher overeducation wage penalties than formal workers. Educated young workers are increasingly absorbed into low-skill informal work in private firms and face large overeducation wage penalties. The inability of many young workers to capitalize on their educational investments in Thailand's formal labor market is a concern for future education and employment policy development in Thailand. |
| Databáze: | Directory of Open Access Journals |
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