Subject choice and earnings of UK graduates
Using a survey of a cohort of UK graduates, linked to administrative data on higher education participation, this paper investigates the labour market attainment of recent graduates by subject of study. We document a large heterogeneity in the mean wages of graduates from different subjects and a considerably larger one within subject with individuals with the most favourable unobserved characteristics obtaining wages almost twice as large as those with the worst. Moreover, gender differences in wages within subjects are also large. We then simulate a graduate tax to calculate a willingness to pay – in form of tuition fees – to capture these subject wage premia.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 30 (2011)
Issue (Month): 6 ()
|Contact details of provider:|| Web page: http://www.elsevier.com/locate/econedurev|
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.:
- Walker, Ian & Zhu, Yu, 2005. "The College Wage Premium, Overeducation, and the Expansion of Higher Education in the UK," IZA Discussion Papers 1627, Institute for the Study of Labor (IZA).
- Massimiliano BRATTI & Luca MANCINI, 2003.
"Differences in Early Occupational Earnings of UK Male Graduates by Degree Subject: Evidence from the 1980-1993 USR,"
189, Universita' Politecnica delle Marche (I), Dipartimento di Scienze Economiche e Sociali.
- Bratti, Massimiliano & Mancini, Luca, 2003. "Differences in Early Occupational Earnings of UK Male Graduates by Degree Subject: Evidence from the 1980-1993 USR," IZA Discussion Papers 890, Institute for the Study of Labor (IZA).
- Walker, Ian & Zhu, Yu, 2011.
"Differences by degree: Evidence of the net financial rates of return to undergraduate study for England and Wales,"
Economics of Education Review,
Elsevier, vol. 30(6), pages 1177-1186.
- Yu Zhu & Ian Walker, 2011. "Differences by Degree: Evidence of the Net Financial Rates of Return to Undergraduate Study for England and Wales," Working Papers 33, AlmaLaurea Inter-University Consortium.
- Walker, Ian & Zhu, Yu, 2010. "Differences by Degree: Evidence of the Net Financial Rates of Return to Undergraduate Study for England and Wales," IZA Discussion Papers 5254, Institute for the Study of Labor (IZA).
- Magali BEFFY & Denis FOUGERE & Arnaud MAUREL, 2009.
"Choosing the Field of Study in Post-Secondary Education : Do Expected Earnings Matter ?,"
2009-14, Centre de Recherche en Economie et Statistique.
- Magali Beffy & Denis Fougère & Arnaud Maurel, 2012. "Choosing the Field of Study in Postsecondary Education: Do Expected Earnings Matter?," The Review of Economics and Statistics, MIT Press, vol. 94(1), pages 334-347, February.
- Beffy, Magali & Fougère, Denis & Maurel, Arnaud, 2009. "Choosing the Field of Study in Post-Secondary Education: Do Expected Earnings Matter?," IZA Discussion Papers 4127, Institute for the Study of Labor (IZA).
- Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2007.
"Higher education funding reforms in England: the distributional effects and the shifting balance of costs,"
IFS Working Papers
W07/18, Institute for Fiscal Studies.
- Lorraine Dearden & Emla Fitzsimons & Alissa Goodman & Greg Kaplan, 2008. "Higher Education Funding Reforms in England: The Distributional Effects and the Shifting Balance of Costs," Economic Journal, Royal Economic Society, vol. 118(526), pages F100-F125, 02.
- Arnaud Chevalier & Steve Gibbons & Sherria Hoskins & Martin Snell & Andy Thorpe, 2008.
"Students academic self-perception,"
CEE Discussion Papers
0090, Centre for the Economics of Education, LSE.
- Arnaud Chevalier & Stephen Gibbons & Andy Thorpe & Martin Snell & Sherria Hoskins, 2008. "Students' academic self-perception," LSE Research Online Documents on Economics 19377, London School of Economics and Political Science, LSE Library.
- Chevalier, Arnaud & Gibbons, Steve & Thorpe, Andy & Snell, Martin & Hoskins, Sherria, 2007. "Students' Academic Self-Perception," IZA Discussion Papers 3031, Institute for the Study of Labor (IZA).
- Arnaud Chevalier & Steve Gibbons & Andy Thorpe & Sherria Hoskins, 2007. "Students' Academic Self Perception," Working Papers 200729, Geary Institute, University College Dublin.
- Massimiliano Bratti & Robin Naylor & Jeremy Smith, 2005.
"Variations in the Wage Returns to a First Degree: Evidence from the British Cohort Study 1970,"
UNIMI - Research Papers in Economics, Business, and Statistics
unimi-1005, Universitá degli Studi di Milano.
- Bratti, Massimiliano & Naylor, Robin & Smith, Jeremy, 2005. "Variations in the Wage Returns to a First Degree: Evidence from the British Cohort Study 1970," IZA Discussion Papers 1631, Institute for the Study of Labor (IZA).
- Arcidiacono, Peter, 2002.
"Ability Sorting and the Returns to College Major,"
02-26, Duke University, Department of Economics.
- Garcia-Penalosa, Cecilia & Walde, Klaus, 2000. "Efficiency and Equity Effects of Subsidies to Higher Education," Oxford Economic Papers, Oxford University Press, vol. 52(4), pages 702-22, October.
- James, Estelle, et al, 1989. "College Quality and Future Earnings: Where Should You Send Your Child to College?," American Economic Review, American Economic Association, vol. 79(2), pages 247-52, May.
- Koenker, Roger W & Bassett, Gilbert, Jr, 1978. "Regression Quantiles," Econometrica, Econometric Society, vol. 46(1), pages 33-50, January.
When requesting a correction, please mention this item's handle: RePEc:eee:ecoedu:v:30:y:2011:i:6:p:1187-1201. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Shamier, Wendy)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.