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Sheer Class? The Impact Of Degree Performance On Graduate Labour Market Outcomes

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Author Info
Naylor, Robin (University of Warwick)
Smith, Jeremy (University of Warwick)
McKnight, Abigail (London School of Economics)

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Abstract

We exploit individual-level administrative data for whole populations of UK university students for the leaving cohorts of 1985-1993 to investigate the determinants of graduate occupational earnings. Among other results, we find that there are significant differences in the occupational earnings of leavers, according to university attended, subject studied, and degree class awarded, ceteris paribus. We also find that the premium associated with the award of a high degree class increased between 1985/6 and 1993/4, a period of substantial expansion in the graduate population. We suggest that this is consistent with a signalling model of the returns to higher education qualifications.

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File URL: http://www2.warwick.ac.uk/fac/soc/economics/research/workingpapers/publications/2002/twerp659a.pdf
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Publisher Info
Paper provided by University of Warwick, Department of Economics in its series The Warwick Economics Research Paper Series (TWERPS) with number 659.

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Length: 31 pages
Date of creation: 2002
Date of revision:
Handle: RePEc:wrk:warwec:659

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Related research
Keywords: Graduate earnings ; degree class ; subject;

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Find related papers by JEL classification:
J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
J4 - Labor and Demographic Economics - - Particular Labor Markets
I2 - Health, Education, and Welfare - - Education

References listed on IDEAS
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. 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. [Downloadable!] (restricted)
  2. Naylor, Robin & Smith, Jeremy & McKnight, Abigail, 2002. "Why Is There a Graduate Earnings Premium for Students from Independent Schools?," Bulletin of Economic Research, Blackwell Publishing, vol. 54(4), pages 315-39, October.
  3. Bratti, M., 2001. "Does the choice of university matter? A study of the differences across uk universities in life sciences students' degree performance," The Warwick Economics Research Paper Series (TWERPS) 584, University of Warwick, Department of Economics. [Downloadable!]
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  4. Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-61, January. [Downloadable!] (restricted)
  5. Arulampalam, W. & Robin A. Naylor & Jeremy P. Smith, 2002. "University of Warwick," Royal Economic Society Annual Conference 2002 9, Royal Economic Society.
  6. 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. [Downloadable!] (restricted)
  7. Blundell, Richard, et al, 2000. "The Returns to Higher Education in Britain: Evidence from a British Cohort," Economic Journal, Royal Economic Society, vol. 110(461), pages F82-99, February. [Downloadable!] (restricted)
  8. Smith, Jeremy & McKnight, Abigail & Naylor, Robin, 2000. "Graduate Employability: Policy and Performance in Higher Education in the UK," Economic Journal, Royal Economic Society, vol. 110(464), pages F382-411, June. [Downloadable!] (restricted)
  9. Dolton, Peter J & Makepeace, G H, 1990. "The Earnings of Economics Graduates," Economic Journal, Royal Economic Society, vol. 100(399), pages 237-50, March. [Downloadable!] (restricted)
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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. Castagnetti, Carolina & Rosti, Luisa, 2007. "Effort allocation in tournaments: the effect of gender on academic performance in Italian universities," MPRA Paper 13441, University Library of Munich, Germany, revised 30 Jun 2008. [Downloadable!]
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