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Erscheinungsjahr: 
2024
Schriftenreihe/Nr.: 
Texto para Discussão No. 3030
Verlag: 
Instituto de Pesquisa Econômica Aplicada (IPEA), Brasília
Zusammenfassung (übersetzt): 
This paper aims to estimate the association between, on the one hand, the hourly wages of private sector employees in Brazil, and, on the other, a doctorate degree and overeducation of workers with a Ph.D. The study is based on microdata from the Annual Social Information Report (Rais) for the 2010-2021 period. The share of overeducation among employees with a Ph.D. degree in the educational and non-educational sectors are 45.9% and 84.2%, respectively. The results indicate a low doctorate wage premium of approximately 1.1% in the educational sector and 8.7% in non-educational sectors. No evidence was found of a wage penalty for overeducation of Ph.D.s in the educational sector, while in non-educational sectors the associated wage reduction is of approximately 6.4%. The conclusions highlight the importance of policies to increase the demand for Ph.D. workers and the better use of these professionals in activities that match their educational attainment.
Schlagwörter: 
doctorate
wage premium
overeducation
human capital
graduate education
JEL: 
I23
I26
J31
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Dokumentart: 
Working Paper

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