Income Prospects of British Columbia University Graduates
AbstractUsing a new dataset which combines the 1982-1997 tax records and administrative records of British Columbia bachelors graduates from the classes of 1974-96, the real market income of graduates is examined, focussing on changes in income between graduating cohorts, as well as differences across major fields of study. For men and women BC graduates, there has been a decline in real annual income received after graduation for more recent cohorts which is eventually offset by a higher growth rate in income. Also, annual incomes after graduation are relatively high for graduates with applied degrees such as in the engineering, education, and health fields, however, incomes converge as graduate cohorts age. The former finding is at odds with those of Beaudry and Green (1997) who found that weekly earnings declined across cohorts for male university graduates, with no offsetting rise in the growth rate (their results were more similar for women). Differences may be due to this paper's use of annual income as an outcome measure, or its focus on BC student's outcomes rather than national outcomes.
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Bibliographic InfoPaper provided by Statistics Canada, Analytical Studies Branch in its series Analytical Studies Branch Research Paper Series with number 2001170e.
Date of creation: 04 May 2001
Date of revision:
Education; training and learning; Job training and educational attainment; Labour; Outcomes of education; Wages; salaries and other earnings;
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- Chamberlain, G., 1991. "Quantile Regression, Censoring, And The Structure Of Wages," Harvard Institute of Economic Research Working Papers, Harvard - Institute of Economic Research 1558, Harvard - Institute of Economic Research.
- Heisz, Andrew, 2003. "Cohort Effects in Annual Earnings by Field of Study Among British Columbia University Graduates," Analytical Studies Branch Research Paper Series, Statistics Canada, Analytical Studies Branch 2003200e, Statistics Canada, Analytical Studies Branch.
- Philip Oreopoulos & Till von Wachter & Andrew Heisz, 2012. "The Short- and Long-Term Career Effects of Graduating in a Recession," American Economic Journal: Applied Economics, American Economic Association, American Economic Association, vol. 4(1), pages 1-29, January.
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