Over-Education in Australia's Creative Industries
22 Pages Posted: 14 Sep 2016
Date Written: September 13, 2016
This paper reports on a study of education credentials in relation to job requirements in the creative industries. Because of asymmetric information, the signaling model predicts over-education by those seeking to enter creative industries, as has been observed in many other industries. However, using the Australian HILDA panel we find the opposite result, namely comparative under-education. We present the theory and method of this study and seek to explain our surprising finding.
Keywords: Over-education, creative industries, signaling, HILDA
JEL Classification: C23, I20, Z11
Suggested Citation: Suggested Citation