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A Study of the Factors Affecting Participation in Post-compulsory, Full-time Education and Government Supported Training by 16-18 year-olds in England and Wales

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Author Info

  • Pratten, C. F.
  • Robertson, D.
  • Tatch, J. R.

Abstract

Aggregated data are used to investigate participation in education and training, and it is found that it is appropriate to model the aggregate participation rates using a sequential choice model, whereby training choices are made ex-post by school-leavers. Both investment- side and consumption-side factors are identified affecting the participation rates, in line with the theory that education is both a consumption and an investment good. In addition, a strong effect is found from aggregate academic performance, suggesting changes in education policy made a significant contribution to the increasing uptake of post-compulsory eduction in recent years.

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Bibliographic Info

Paper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 9711.

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Date of creation: Jun 1997
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Handle: RePEc:cam:camdae:9711

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Web page: http://www.econ.cam.ac.uk/index.htm

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Cited by:
  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, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) 2007-15, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).

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