Title

by

Your Name

A thesis submitted in conformity with the requirements

for the MSc in Economics, Finance and Computer Science

University of Huelva & International University of Andalusia

Month Year of Convocation

 Master Thesis Title

Your Name

Mster en Economa, Finanzas y Computacin

Supervisor/s
Universidad de Huelva y Universidad Internacional de Andaluca

2016

Abstract

Abstract text goes here. Maximum 150 words

Uses style Abstract text (double spaced).

JEL classification: I25, I28, J24, J28, O52.

Key words: overqualification, job mismatch, self-employment, private paid employment, public
paid employment, public intervention, EU-15.

Resumen

El resumen en castellano ir aqu.

Mximo de150 palabras a doble espacio

ii
 Acknowledgments (if any)
Use Body Text or Normal style for text in this section.

iii
 Table of Contents

1.- <<Introduction>> p.

2.- <<Selective review of previous literature>> p.

3.- <<Hypotheses>> p.

4.- <<Econometric Strategy and Data>> p.

5.- <<Results>> p.

6.-<<Conclusions and avenues for further research>> p.

<<References>> p.

<<Annex>> p.

This is only a tentative outline

iv
List of Tables (if any)

v
List of Figures (if any)

vi
List of Appendices (if any)

vii
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Heading 1
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line spacing, block style (no first line indent), 12 points of extra space above each parapgraph.

30
Tasa de desempleo

% Tasa crecimiento PIB

Tasa desempleo Tasa crecimiento PIB 9
26.1
25 24.2 24.8 24.4
7
21.9 22.1
21.4
20 19.9 5
5.0 3,7 17.5
16.3
2,6 3.2
3
15 1,2
2,3 1.4
1
10 0.0

8.3
-1.0 -1
-1.7
5 -2.6
-3
1.8 -3.7
0 -5
1971
1973
1975
1977
1979
1981
1983
1985
1987
1989
1991
1993
1995
1997
1999
2001
2003
2005
2007
2009
2011
2013
2015

Figure X. Unemployment Rate Evolution, 2012:4-2016:2. Source: Eurostat. Labour Force

Survey.

Table X. Job satisfaction with type of work (Dependent variable 1) Ordered logit estimations.
Private Public
All workers Self-employed
employees employees

Predicted probability (JS=1)

0.0154 0.0134 0.0179 0.0112

Predicted probability (JS=2)

0.0377 0.0425 0.0409 0.0260

Predicted probability (JS=3)

0.1076 0.1252 0.1145 0.0816

Predicted probability (JS=4)

0.2837 0.2969 0.2974 0.2506
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Predicted probability (JS=5)

0.3803 0.3441 0.3775 0.4096

Predicted probability (JS=6) (y) a

0.1753 0.1779 0.1518 0.2210

Independent variables (x) b b b b

dy / dx t-stat. dy / dx t-stat. dy / dx t-stat. dy / dx t-stat.
% % % %
y y y y

Main variable

Feel overqualified c
-17.746 -23.45 *** -5.782 -3.33 *** -22.102 -21.3 *** -17.044 -12.16 ***

Demographics

Female c
-2.132 -2.13 ** 0.273 0.11 -1.369 -1.01 0.576 0.32

Age (18-65)
-1.202 -4.10 *** -1.763 -2.51 ** -1.569 -3.99 *** -4.826 -7.66 ***

Age squared
0.024 6.66 *** 0.028 3.59 *** 0.028 5.73 *** 0.068 9.02 ***

Cohabiting c
5.283 4.91 *** -1.396 -0.50 7.001 5.00 *** 4.875 2.42 **

Number of children under 14

-0.600 -1.18 -1.338 -1.13 -0.628 -0.92 0.098 0.11

Health status
-29.195 -50.3 *** -24.541 -19.34 *** -30.053 -37.82 *** -30.879 -28.5 ***

Education

Basic education c (ref.)

Secondary education c
20.352 18.58 *** 26.432 9.79 *** 15.894 11.13 *** 12.007 5.67 ***

Tertiary education c
33.370 22.84 *** 48.484 10.99 *** 26.682 13.23 *** 22.093 9.52 ***

Currently attending education c

10.708 10.87 *** 23.436 7.16 *** 13.543 9.80 *** 11.292 7.23 ***

Job related aspects

Self-employed c
19.337 9.25 ***

Private employee c
-8.973 -6.18 ***

Public employee c (ref.)

Log (annual earnings) 2.399 14.87 *** 1.992 8.32 *** 3.648 14.72 *** 4.062 8.79 ***

Weekly working hours -0.398 -1.72 * 1.916 5.27 *** 0.905 2.07 ** -3.732 -7.13 ***

Weekly working hours squared 0.010 4.68 *** -0.011 -3.37 *** 0.000 0.10 0.043 7.10 ***
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Job tenure 1.026 3.96 *** -1.069 -1.73 * 1.548 4.44 *** -0.500 -0.97

Job tenure squared -0.022 -1.93 * 0.040 1.51 -0.033 -2.03 ** 0.049 2.20 **

Business sector dummies (18 categories; ref.

Yes Yes Yes Yes
Construction)

Country dummies (14 categories; ref. Spain) Yes Yes Yes Yes

Year dummies (8 categories; ref. 1994) Yes Yes Yes Yes

No. of observations (No. of individuals) 299,444 (81,421) 54,632 (16,012) 164,331 (50,694) 80,481 (23,465)

Log pseudolikelihood -430,787.7 -78,763.7 -238,131.2 -111,295.1

Notes: a For brevity and focus, only the effects of the explanatory variables on the probability that individuals are fully satisfied with their job (job
satisfaction equals 6) are presented.

b
For continuous variables, [(dy/dx)/y]% captures marginal effects, but expressed in relative terms with respect to predicted probabilities for
sample means. In the context of dummy variables, it reflects the impact for a discrete change of the dummy variable from 0 to 1.

c Dummy variable.

* 0.1 > p 0.05; ** 0.05 > p 0.01; *** p < 0.01.

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References
Acemoglu, D. (1995). Reward structures and the allocation of talent. European Economic
Review 39(1), 1733.
Adalet McGowan, M. & D. Andrews (2015a). Labour market mismatch and labour productivity:
Evidence from PIAAC data. OECD Economics Department Working Papers No. 1209.
OECD Publishing, Paris.
Adalet McGowan, M. & D. Andrews (2015b). Skill mismatch and public policy in OECD
countries. OECD Economics Department Working Papers No. 1210. OECD Publishing,
Paris.
Alba-Ramrez, A. (1993). Mismatch in the Spanish labor market. Journal of Human Resources
27(2), 259278.
Berg, I. (1970). Education and jobs: The great training robbery. Boston: Beacon Press.
Hornaday, J.A. & J. Aboud (1987). Characteristics of successful entrepreneurs. In Baumback,
C.M. & J.R. Mancuso (Eds.), Entrepreneurship and Venture Management, (2nd edition; pp.
2436). Englewood Cliffs, NJ: Prentice Hall, Inc.
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Appendices (if any)

 6

Acknowledgements (if any)