Education and Economy in Japan: Overeducation, Anxiety, Unhappiness and Low Productivity
The thesis reviews research about economic impact of education and overeducation, and also researches about education, inequality and suicide in Japan. The thesis describes Thurow’s job competition model, Spence’s job market signaling model and Tsang and Levin’s production model. By using descriptive quantitative methods, it shows that Japan has overeducation problem brought by mismatch between ed
