The College Wage Premium and the Expansion of Higher Education in the UK
AbstractThis 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. Copyright © The editors of the "Scandinavian Journal of Economics" 2008 .
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Bibliographic InfoArticle provided by Wiley Blackwell in its journal Scandinavian Journal of Economics.
Volume (Year): 110 (2008)
Issue (Month): 4 (December)
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Web page: http://onlinelibrary.wiley.com/journal/10.1111/(ISSN)1467-9442
Other versions of this item:
- Ian Walker & Yu Zhu, 2008. "The College Wage Premium and the Expansion of Higher Education in the UK," Studies in Economics 0809, Department of Economics, University of Kent.
- Ian Walker & Yu Zhu, 2008. "The College Wage Premium and the Expansion of Higher Education in the UK," Working Papers 200817, Geary Institute, University College Dublin.
- I20 - Health, Education, and Welfare - - Education - - - General
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
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Blog mentionsAs found by EconAcademics.org, the blog aggregator for Economics research:CitEc Project, subscribe to its RSS feed for this item.
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- Jan Kleibrink & Maren M. Michaelsen, 2012. "Reaching High: Occupational Sorting and Higher Education Wage Inequality in the UK," Ruhr Economic Papers 0377, Rheinisch-Westfälisches Institut für Wirtschaftsforschung, Ruhr-Universität Bochum, Universität Dortmund, Universität Duisburg-Essen.
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