Too many graduates? An application of the Gottschalk-Hansen model to young British graduates between 2001-2010

"There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates of return to graduates or graduate mark-ups show high returns, suggesting that demand has kept up with a rapidly rising supply of graduates, the literature on over-education...

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Bibliographic Details
Main Authors: O'Leary, Nigel C., Sloane, Peter J.
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Bonn 2014
IZA
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19117439124919356119-Too-many-graduates?-an-applica.htm
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author O'Leary, Nigel C.
Sloane, Peter J.
author_facet O'Leary, Nigel C.
Sloane, Peter J.
collection Library items
description "There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates of return to graduates or graduate mark-ups show high returns, suggesting that demand has kept up with a rapidly rising supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate jobs and the proportion over-educated has risen over time. Using a simple supply and demand model applied to UK data that defines graduate jobs in terms of the proportion of graduates and/or the graduate earnings mark-up within occupations, we find that there has been a shift in the likelihood of young British university graduates being employed in non-graduate jobs in the recent years of our analysis. This finding is in contrast to existing studies."
format TEXT
geographic United Kingdom
id 19117439124919356119_1303c9b9a8364ab18185735cc04309dd
institution ETUI-European Trade Union Institute
is_hierarchy_id 19117439124919356119_1303c9b9a8364ab18185735cc04309dd
is_hierarchy_title Too many graduates? An application of the Gottschalk-Hansen model to young British graduates between 2001-2010
language English
physical 23 p.
Digital
publishDate 2014
publisher Bonn
IZA
spellingShingle O'Leary, Nigel C.
Sloane, Peter J.
educational level
employment
higher education
labour market
Too many graduates? An application of the Gottschalk-Hansen model to young British graduates between 2001-2010
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=109984692716
title Too many graduates? An application of the Gottschalk-Hansen model to young British graduates between 2001-2010
topic educational level
employment
higher education
labour market
url https://www.labourline.org/KENTIKA-19117439124919356119-Too-many-graduates?-an-applica.htm