Over the past years a number of studies have appeared on the incidence and
returns to overeducation in the labor market. In these studies various defi
nitions of education mismatches have been used, lit this paper zee analyze
the validity and reliability of three of these definitions It is found that
the definitions differ widely in the workers who are identified as over- o
r undereducated Further, the methods yield different estimates of the retur
ns to over- and undereducation.