The college wage premium and the expansion of higher education in the UK

File(s)
FileDescriptionSizeFormat
Download gearywp200817.pdf205.67 KB
Author(s)
Uri
Date Issued
08 July 2008
Date Available
23T11:15:47Z November 2009
Abstract
This paper reports estimates of the UK “college premium” for young graduates across successive cohorts from large cross section datasets for the UK pooled from 1994 to 2006 - a period when the higher education participation rate increased dramatically. The growth in relative labour demand suggests that graduate supply considerably outstripped demand which ought to imply a fall in the premium. We find no significant fall for men and even a large, but insignificant, rise for women. Quantile regression results reveal a fall in the premium only for men in the bottom quartile of the distribution of unobserved skills.
Sponsorship
Leverhulme Trust
Type of Material
Working Paper
Publisher
University College Dublin. Geary Institute
Series
UCD Geary Institute Discussion Paper Series
WP/17/2008
Keywords
Classification
I20
J3
Subject – LCSH
Wages--College graduates--Great Britain
Wages--Effect of education on--Great Britain
College graduates--Supply and demand--Great Britain
Web versions
Language
English
Status of Item
Not peer reviewed
This item is made available under a Creative Commons License
Owning collection
Geary Institute Working Papers