Public Sector Economics, Vol. 49 No. 3, 2025.
Original scientific paper
https://doi.org/10.3326/pse.49.3.6
Overeducated yet underskilled: graduate labour market mismatch in Morocco and Serbia
Ivana Prica
orcid.org/0000-0001-8980-5726
; University of Belgrade, Faculty of Economics and Business, Belgrade, Serbia
*
Imane El Ouizgani
orcid.org/0009-0008-5135-2635
; Ibn Zohr University, Faculty of Economic Sciences, Agadir, Morocco
Will Bartlett
orcid.org/0000-0002-6775-4339
; London School of Economics and Political Science (LSE), European Institute, Hellenic Observatory, London, UK
* Corresponding author.
Abstract
This paper analyses the phenomenon of qualification and skill mismatch among university graduates in two countries in Morocco and Serbia. These countries are located within the super-periphery of the EU and face similar challenges in fostering competitive economies capable of trading with and receiving investment from their northern neighbours. Effective skill development and successful labour market matching of university graduates are crucial instruments to meet these challenges. We explore the different dimensions of this requirement based on an analysis of qualification and skill mismatch on the graduate labour market. Our survey reveals simultaneous overqualification and underskilling of university graduates, a high incidence of graduate mismatch combined with low-wage penalties in the public sector, high levels of mismatch and associated relatively high-wage penalties among women graduates, and an amelioration of skill mismatch over time due to on-the-job learning and job switching.
Keywords
qualification mismatch; skill mismatch; higher education systems; graduate labour markets; Morocco, Serbia
Hrčak ID:
334969
URI
Publication date:
4.9.2025.
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