ABSTRACT According to a prominent hypothesis, the occurrence of educational mismatches is consistent with human capital theory since over- and undereducation are substitutes for heterogeneity in the abilities and skills among educational peers. Using German data 1 of literacy and numeracy test scores, I find evidence that compared to their correctly matched educational peers, overeducated (undereducated) workers have lower (better) numeracy and literacy. Controlling for former periods of educational mismatch or unemployment confirms these results. However, only a small proportion of the wage penalty (wage premium) associated with overeducation (undereducation) can be attributed to the wider consideration of human capital endowment.

中文翻译：

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受过良好教育和受过低教育的工人的素养和计算能力：重新审视劳动力市场中的分配过程

摘要根据一个重要的假设，教育失配的发生与人力资本理论相一致，因为教育过度和教育不足是同龄人能力和技能异质性的替代。使用德国的识字和算术测验分数数据1，我发现有证据表明，与正确匹配的教育同龄人相比，受过良好教育（教育程度低）的工人的识数和识字率较低（更好）。控制以前的教育失配或失业时期可以证实这些结果。但是，与教育过度（教育不足）相关的工资罚款（工资溢价）中只有一小部分可以归因于对人力资本end赋的更广泛考虑。