The great Canadian training robbery: evidence on the returns to educational mismatch

In this paper, I use data from the National Survey of Class Structure and L abour Process in Canada (NSCS) to estimate the returns to over and underedu cation. I find that there are positive returns to overeducation for males i n jobs that require a university bachelor's degree; but for other levels of required education, the returns are insignificant. I also find evidence of lower pay for undereducated males in jobs with low education requirements. For females, the returns to over and undereducation are insignificant for all levels of required education. [I21, J31] (C) 2000 Elsevier Science Ltd. All rights reserved.