Education–Job (Mis)Match and Interregional Migration: Italian University Graduates’ Transition to Work: Simona Iammarino and Elisabetta Marinelli
It is largely acknowledged that graduates’ entry into the labour market is a critical mechanism through which public investment in higher education generates its returns (e.g. PAVITT, 1991; SALTER and MARTIN, 2001). As well as carrying up-to-date knowledge, graduates possess competencies and capabilities to combine and use knowledge in new productive ways (e.g. WALTERS, 2004; VON TUNZELMANN and WANG, 2007). It follows that the returns to public, as well as private, investment in human capital crucially depend on the use that graduates can make of their education in the labour market, that is, on the degree of their education-job match.