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- Higher Education Demand In Spain: The Influence Of Labour Market Signals And Family Background

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Author Info
Cecilia Albert Verdú () (Universidad de Alcalá de Henares)

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Abstract

Like many developed countries, Spain has experienced a growth in the demand for higher education over the last twenty years, despite diverse economic cycles. Since this demand appears not to be slowing in the medium term, the objective of this study is to analyze, from sources since 1977, two potential influences: family characteristics and labour market signals. I use the human capital theory framework and use discreet choice models, taking intoaccount the selection process of young people through the education system. The chief results are, 1) that youths who have a greater probability of becoming consumers of higher education alsohave a higher probability of demanding higher education; 2) that family characteristics are, indeed, important elements in the demand for higher education; and 3) that the labour market signals, in the Spanish case, do not have an influence on the demand for higher education. Al igual que muchos países desarrollados, España ha experimentado un crecimiento en la demanda de educación superior a lo largo de los últimos veinte años que no se ha visto alterado por los diversos ciclos económicos y que además no parece detenerse a medio plazo. El objetivo de este trabajo es estudiar la influencia de las características familiares y las señales del mercado de trabajo en la demanda de educación superior desde los años setenta. El análisis tiene como marco la teoría del capital humano y los modelos de elección discreta teniendo en cuenta el proceso de selección de los jóvenes a lo largo de todo el proceso educativo. Los tres resultados más destacados del estudio son: 1) los jóvenes que tienen una mayor probabilidad de ser potenciales demandantes de educación superior son los que tienen una mayor probabilidad de demandar estudios universitarios; 2) las características familiares y sobre todo los estudios de los padres son elementos importantes en la demanda de educación superior; 3) las señales del mercado de trabajo no tienen el comportamiento esperado sobre la demanda de estudios superiores.

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File URL: http://www.ivie.es/downloads/docs/wpasec/wpasec-1998-17.pdf
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File Function: Fisrt version / Primera version, 1998
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Publisher Info
Paper provided by Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie) in its series Working Papers. Serie EC with number 1998-17.

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Length: 32 pages
Date of creation: Jul 1998
Date of revision:
Publication status: Published by Ivie
Handle: RePEc:ivi:wpasec:1998-17

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Related research
Keywords: Demanda; educación superior; características familiares; mercado de trabajo. Demand; higher education; family characteristics; labour market.;

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  1. Flannery, Darragh & O'Donoghue, Cathal, 2009. "The Determinants of Higher Education Participation in Ireland: A Micro Analysis," The Economic and Social Review, Economic and Social Studies, vol. 40(1), pages 73-107. [Downloadable!]
  2. Budria, Santiago, 2006. "Education and Inequality: Evidence from Spain," MPRA Paper 1098, University Library of Munich, Germany. [Downloadable!]
  3. Manuel Salas Velasco, 2004. "Rendimientos privados de las inversiones en educación superior a partir de ecuaciones de ingresos," Hacienda Pública Española, IEF, vol. 169(2), pages 87-117, June. [Downloadable!]
  4. Flannery, Darragh & O'Donoghue, Cathal, 2009. "Participation in Higher Education: A Random Parameter Logit Approach with Policy Simulations," IZA Discussion Papers 4163, Institute for the Study of Labor (IZA). [Downloadable!]
  5. Inés P. Murillo Huertas & Francisco Pedraja Chaparro, 2009. "Returns to education and medium run effects of education on budget," Hacienda Pública Española, IEF, vol. 188(1), pages 9-29, March. [Downloadable!]
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