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Jurnal Ekonomi Malaysia

47 (2) 2013 137 – 147

Ketaksepadanan Pekerjaan dan Inflasi Pendidikan
Occupational Mismatch and Educational Inflation

Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600 UKM Bangi
Selangor
MALAYSIA

zosman@ukm.my

Pusat Pengajian Ekonomi
Fakulti Ekonomi dan Pengurusan
Universiti Kebangsaan Malaysia
43600 UKM Bangi Selangor
MALAYSIA

hizuan@ukm.my

Abstract

Excessive educational investment not only will lead to an increase in the number of educated unemployed but also will create occupational mismatch as a result of being employed in occupations where the level of education is lower than their own education level. This phenomenon can create educational inflation if the net rate of return to education is negative. A total sample of 1,117 employees in Southern Peninsular Malaysia covering the states of Johor, Malacca and Negeri Sembilan were collected in a 2011/2012 survey to test this phenomenon. The results show there is indeed a phenomenon of occupational mismatch in the labour market. The estimated results on this phenomenon based on modified income model of Mincer (1974) show that the rate of return to education has declined and being negative, which could translate into a potential of educational inflation.

Keywords

educational inflation; labour market; Occupational mismatched; over education; rate of return to education
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Osman, , & Shahiri, (2013). Ketaksepadanan Pekerjaan dan Inflasi Pendidikan. Jurnal Ekonomi Malaysia, 47(2), 137–147.

@article{osman2013ketaksepadanan,
  title={Ketaksepadanan Pekerjaan dan Inflasi Pendidikan},
  author={Osman, Zulkifly and Shahiri, Hazrul Izuan},
  journal={Jurnal Ekonomi Malaysia},
  volume={47},
  number={2},
  pages={137—147},
 

year={2013},
}

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