The return to education and skills in Italy

摘要: Purpose – The purpose of this paper is to estimate the incidence educational mismatch in Italy and return investment education, controlling for employees’ ability. Contrary most existing studies, heterogeneity individual performance measured directly through assessment required provided skills.Design/methodology/approach Based on original data including over 3,600 face‐to‐face interviews, appraises self‐assessed Italian private sector estimates wage models economic returns mismatch, skill requirements skills.Findings In Italy, under‐educated employees outnumber over‐educated ones education over‐education are lower than other industrialised countries. Individual heterogeneous ability, as captured by skills, a significant determinant wage, although inclusion direct measures skills does not subst...