I'm too clever for this job: a bivariate probit analyisis on overeducation and job satisfaction in Australia

Fleming, C. M. and Kler, P. S. (2008) I'm too clever for this job: a bivariate probit analyisis on overeducation and job satisfaction in Australia. Applied Economics, 40 9: 1123-1138. doi:10.1080/00036840600771254


Author Fleming, C. M.
Kler, P. S.
Title I'm too clever for this job: a bivariate probit analyisis on overeducation and job satisfaction in Australia
Journal name Applied Economics   Check publisher's open access policy
ISSN 0003-6846
1466-4283
Publication date 2008-05
Sub-type Article (original research)
DOI 10.1080/00036840600771254
Volume 40
Issue 9
Start page 1123
End page 1138
Total pages 16
Editor L. Sarno
M. P. Taylor
Place of publication UK
Publisher Routledge
Collection year 2008
Language eng
Subject C1
14 Economics
1402 Applied Economics
Abstract Using data from the first wave of the Household, Income and Labour Dynamics in Australia data set, this article establishes an empirical relationship between overeducation and workplace satisfaction for Australian adult males in the labour force. In a departure from much of the existing literature, both univariate and bivariate probit models are used to account for potential unobserved heterogeneity. We find that estimates in the univariate probit models are positively biased for three of the six measures of workplace satisfaction studied. This suggests that consideration should be given to the use of bivariate models when studying the determinants of workplace satisfaction and overeducation. Results show, although levels of satisfaction remain high, that across all measures of workplace satisfaction overeducated workers are less satisfied compared to their nonovereducated counterparts. This intimates that satisfaction levels should be viewed from a relative, rather than an absolute perspective. 'Pleasure in the job puts perfection in the work' Aristotle 384BC-322BC
Keyword education
household income
job search
labor division
workplace
Q-Index Code C1
Q-Index Status Confirmed Code

Document type: Journal Article
Sub-type: Article (original research)
Collections: Excellence in Research Australia (ERA) - Collection
2008 Higher Education Research Data Collection
School of Economics Publications
 
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Created: Sun, 04 May 2008, 08:39:56 EST by Kaelene Matts on behalf of School of Economics