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...
Main Authors: | , |
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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 |
_version_ | 1771659898218610689 |
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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 |