R1

R2

R3

R1 & R3 sample

Variables

Odds ratios

z

Odds ratios

z

Odds ratios

z

Average value

range

Dependent variable: Overeducation

0.59

0 - 1

Independent variables:

Social benefits of education

6.012**

2.04

6.878**

2.22

6.443**

2.09

0.19

0 - 0.8

Psychic benefits of education

3.621**

2.14

3.951**

2.35

4.097**

2.31

0.50

0 - 1

Female

0.609**

?1.98

0.593**

?2.12

0.869

?0.32

0.48

0 - 1

Age

1.042*

1.76

1.043*

1.86

1.041*

1.70

42.9

28 - 59

Married

1.324

1.05

1.847

1.28

0.70

0 - 1

Number of children

0.978

?0.17

0.931

?0.35

1.26

0 - 4

Interactions

Female with kids

0.862

?0.51

0.54

0 - 4

Female and married

0.818

?0.32

0.30

0 - 1

HOU graduate

0.737

?0.67

0.589

?1.14

0.675

?0.84

0.84

0 - 1

Study program: Management Studies

0.809

?0.76

0.846

?0.61

0.774

?0.91

0.58

0 - 1

Study program: Civilisation & Literature Studies

0.520

?1.42

0.523

?1.45

0.504

?1.45

0.09

0 - 1

No of employer changes after graduation

0.928

?0.58

0.922

?0.62

0.928

?0.57

1.45

0 - 4

Managerial position at work

0.496*

?1.89

0.532*

?1.70

0.504*

?1.86

0.11

0 - 1

Constant

0.139**

?2.08

0.116**

?2.30

0.143

?1.98

Pseudo R2

0.0453

0.0501

0.0526

Observations

330

341

330