Mismatched education and job skills lead to wage disparities in public vs private sectors.
The article explores why workers' wages are affected when their education doesn't match their job requirements. It suggests that wage differences may be due to how pay is determined by job characteristics or the variety of skills within a certain education level. The researchers found that in the public sector, wages are influenced by job characteristics, while in the private sector, wages are affected by the diversity of skills within a specific education level.
