Incidence and wage effects of overschooling and underschooling in Hong Kong

Data from the 1986 Hong Kong By-census and the 1991 Hong Kong Census were u sed to study the following issues: (1) What is the incidence of adequate sc hooling, overschooling and underschooling in Hong Kong, and has it changed between 1986 and 1991? (2) What are the wage consequences of adequate schoo ling, overschooling and underschooling, and have they changed over time? Al so, are the results influenced by potential labor-market experience? The em pirical results are discussed in the context of recent changes in the struc ture of the Hong Kong economy and the labor market. [JEL 121, 531] (C) 2000 Elsevier Science Ltd. All rights reserved.