Navigating Educational and Skill Mismatches

The study analyses the effect of educational and Skill mismatch on wages and job satisfaction in the urban labour market of Assam. Using Instrumental Variables: Two-Stage Least Squares (IV:2SLS) method and Probit model the study explores that both educational and skill mismatches influence labour market outcomes. Educational mismatch specifically “overeducated” workers encounter a wage penalty compared to “adequately” educated counterparts. In contrast, skill mismatches have a more pronounced impact on job satisfaction, where underutilisation of skills negatively affect job satisfaction. The study identifies a non-linear relationship between age and wages and highlights persistent gender and caste-based wage disparities. The study also highlights the U-shaped relationship between age and job satisfaction. Bases on the findings, this paper argues for the targeted policy interventions, such as region-specific skill development program and policies to establish linkages between educational Institutions and Industries

Affect (linguistics · Educational attainment · Job satisfaction · Ordered probit · Probit model · Wage · Wage growth · Agricultural risk and resilience · Income, Poverty, and Inequality · Psychological Well-being and Life Satisfaction