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The impact of local labour markets on investment in further education: Evidence from the England and Wales youth cohort studies

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Author Info
Patricia Rice () (Department of Economics, University of Southampton, Southampton SO17 1BJ, UK)

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Abstract

The paper focuses on the individual's choice of activity on completion of compulsory schooling - to remain in full-time education or to seek employment - and the factors influencing this decision. Information from the England and Wales Youth Cohort Studies, coupled with labour market data, is used to estimate of logit model of choice and assess the role played by social and market factors. The results show that labour market conditions play an influential role in determining outcomes, particularly in the case of young males with weaker academic qualifications. Consistent with the time-series evidence, we find that participation rates in further education for both males and females are positively related to the unemployment rate in the local labour market, the effects being greater at times of economic recession when unemployment rates are rising.

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Publisher Info
Article provided by Springer in its journal Journal of Population Economics.

Volume (Year): 12 (1999)
Issue (Month): 2 ()
Pages: 287-312
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Handle: RePEc:spr:jopoec:v:12:y:1999:i:2:p:287-312

Note: Received: 5 May 1997/Accepted: 17 July 1998
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Related research
Keywords: Human capital · further education · local labour markets;

Other versions of this item:

Find related papers by JEL classification:
J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
I21 - Health, Education, and Welfare - - Education - - - Analysis of Education

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Elena Casquel & Ezequiel Uriel Jiménez, 2007. "The Effects Of Labor Market Conditions And Family Backgrounds On Education Attainment Of Spanish Youngsters," Working Papers. Serie EC 2007-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie). [Downloadable!]
  2. Roper, S., 2001. "Job Creation and Destruction in Northern Ireland 1973-93," Working Papers NIERC. 68, Economic Research Institute of Northern Ireland. [Downloadable!]
    Other versions:
  3. repec:ese:iserwp: is not listed on IDEAS
  4. Gianna Claudia Giannelli & Chiara Monfardini, 2001. "JOINT DECISIONS ON HOUSEHOLD MEMBERSHIP AND HUMAN CAPITAL ACCUMULATION OF YOUTHS The role of expected earnings and local markets," CHILD Working Papers wp02_01, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY. [Downloadable!]
    Other versions:
  5. Yelena Kalyuzhnova & Uma Kambhampati, 2007. "Education or employment-choices facing young people in Kazakhstan," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(5), pages 607-626. [Downloadable!]
  6. Regina T. Riphahn, 1999. "Residential Location and Youth Unemployment: The Economic Geography of School-To-Work Transitions," IZA Discussion Papers 99, Institute for the Study of Labor (IZA). [Downloadable!]
    Other versions:
  7. M. J. Andrews & S. Bradley & D. Stott, 2002. "Matching the Demand for and Supply of Training in the School-to-Work Transition," Economic Journal, Royal Economic Society, vol. 112(478), pages C201-C219, March. [Downloadable!] (restricted)
  8. Francesco Pastore, 2005. "To Study or to Work? Education and Labour Market Participation of Young People in Poland," IZA Discussion Papers 1793, Institute for the Study of Labor (IZA). [Downloadable!]
  9. McVicar, D. & Podivinky, J., 2001. "Duration Dependence and Routes Out of Joblessness for Young People," Working Papers NIERC. 66, Economic Research Institute of Northern Ireland. [Downloadable!]
  10. Steve Bradley & MJ Andrews & D Stott, 2001. "The school-to-work transition, skill preferences and matching," Working Papers 000034, Lancaster University Management School, Economics Department. [Downloadable!]
    Other versions:
  11. Rice, Patricia, . "Wages and the Education and Employment Choices of Young People: Empirical Analysis for Great Britain," Discussion Paper Series In Economics And Econometrics 0612, Economics Division, School of Social Sciences, University of Southampton. [Downloadable!]
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