Occupational choice of young graduates : do job tasks matter?
Faculty of Applied Economics
Antwerp :UA, 2010
Research paper / UA, Faculty of Applied Economics ; 2010:27
University of Antwerp
This paper examines the extent to which graduates of higher education direct their own occupational choices. I begin by developing an empirical indicator to identify the relation between occupations based on their task content. To this end, I combine individual education and employment data of UK graduates with ratings on 42 task content areas from the UK Skill Survey. Based on these data, I show that UK graduates who majored in similar …elds choose occupations with similar task packages. This is followed by a discussion of the wage implications of entering an atypical occupation relative to the modal graduate from the same …eld. As such, the indicator can be interpreted within a mismatch context. I …nd that task mismatch increases the probability of over-quali…cation, which is subsequently associated with lower wages.