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Graduates and graduate labour markets in the UK and Italy

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  • G. Boero

    ()

  • A. Mcknight
  • R. Naylor

    ()

  • J. Smith

Abstract

In the context of policy reforms in Higher Education in both the UK and Italy, we review recent evidence on student outcomes in higher education and subsequent transitions into the labour market for both these countries. We also provide the results of some new analysis for each of the two and, among other things, show that pre-university qualifications are strong influences on degree performance in both countries but that, unlike the UK, Italian university graduate earnings are largely insensitive to measured educational performance. Length of time taken to graduate in Italy exerts a significant negative effect both on degree performance and on graduate earnings. Similarly, being over-qualified for one’s job is associated with a 5% pay penalty. Finally, we make recommendations regarding possible data improvements to enhance the policy usefulness of the analyses for each of the two countries.

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Bibliographic Info

Paper provided by Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia in its series Working Paper CRENoS with number 200111.

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Date of creation: 2001
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Handle: RePEc:cns:cnscwp:200111

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Related research

Keywords: graduates; degree performance; graduate labour markets;

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References

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  1. David Card & Alan Krueger, 1990. "Does School Quality Matter? Returns to Education and the Characteristics of Public Schools in the United States," NBER Working Papers 3358, National Bureau of Economic Research, Inc.
  2. Arulampalam, Wiji & Naylor, Robin & Smith, Jeremy, 2001. "A Hazard Model of the Probability of Medical School Dropout in the United Kingdom," IZA Discussion Papers 333, Institute for the Study of Labor (IZA).
  3. Jeremy P. Smith & Robin A. Naylor, 2001. "Dropping out of university: A statistical analysis of the probability of withdrawal for UK university students," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 164(2), pages 389-405.
  4. Massimiliano BRATTI & Stefano STAFFOLANI, 2001. "Performance accademica e scelta della facolta' universitaria: aspetti teorici e evidenza empirica," Working Papers 152, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
  5. Card, David, 1999. "The causal effect of education on earnings," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 30, pages 1801-1863 Elsevier.
  6. Dolton, Peter J & Greenaway, David & Vignoles, Anna, 1997. "'Whither Higher Education?' An Economic Perspective for the Dearing Committee of Inquiry," Economic Journal, Royal Economic Society, vol. 107(442), pages 710-26, May.
  7. Arulampalam, W. & Robin A. Naylor & Jeremy P. Smith, 2002. "University of Warwick," Royal Economic Society Annual Conference 2002 9, Royal Economic Society.
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Citations

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Cited by:
  1. Patrizia Ordine & Claudio Lupi, 2009. "Family Income and Students' Mobility," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 68(1), pages 1-23, April.
  2. G. Marletto, 2006. "La politica dei trasporti come politica per l’innovazione: spunti da un approccio evolutivo," Working Paper CRENoS 200605, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  3. Ciriaci, Daria & Muscio, Alessandro, 2010. "Does university choice drive graduates’ employability?," MPRA Paper 22846, University Library of Munich, Germany.
  4. Bertola, Giuseppe & Checchi, Daniele, 2002. "Sorting and Private Education in Italy," CEPR Discussion Papers 3198, C.E.P.R. Discussion Papers.
  5. Paola Giuliano, 2008. "Culture and the Family: An Application to Educational Choices in Italy," Rivista di Politica Economica, SIPI Spa, vol. 98(4), pages 3-38, July-Augu.
  6. Cappellari, Lorenzo, 2004. "High School Types, Academic Performance and Early Labour Market Outcomes," IZA Discussion Papers 1048, Institute for the Study of Labor (IZA).
  7. G. Boero & T. Laureti & R. Naylor, 2005. "An econometric analysis of student withdrawal and progression in post-reform Italian Universities," Working Paper CRENoS 200504, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
  8. Zotti, Roberto & Barra, Cristian, 2014. "How students' exogenous characteristics affect faculties’ inefficiency. A heteroscedastic stochastic frontier approach," MPRA Paper 54011, University Library of Munich, Germany.
  9. Giuseppe Bertola & Pietro Garibaldi, 2003. "The Structure and History of Italian Unemployment," CESifo Working Paper Series 907, CESifo Group Munich.
  10. Andrea Cammelli, 2012. "Consolidamento ed eterogeneità nelle esperienze di studio dei laureati italiani," Working Papers 49, AlmaLaurea Inter-University Consortium.

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