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Aspects of the Labour Market for New Graduates in Ireland - 1982-1997

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  • Reamonn Lydon

    (University of Warwick)

Abstract

Using a survey on the first destinations of award recipients in higher education from 1982 to 1997, the trend in first destinations and starting salaries for primary level graduates in Ireland is studied. The data show that despite large increases in supply throughout the 1980s, the average real wage received by recent graduates increased by 25 per cent over the decade. This phenomenon is explained by a combination of rising emigration and increasing demand during the period. With the onset of economic recession in 1990 and lower levels of emigration and demand, the real wage fell between 1990 and 1995. The paper finds that the increase in supply during this period was the main reason for the fall in real wages.

Suggested Citation

  • Reamonn Lydon, 1999. "Aspects of the Labour Market for New Graduates in Ireland - 1982-1997," The Economic and Social Review, Economic and Social Studies, vol. 30(3), pages 227-248.
  • Handle: RePEc:eso:journl:v:30:y:1999:i:3:p:227-248
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    File URL: http://www.esr.ie/vol30_3/2_Lydon.pdf
    File Function: First version, 1999
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    References listed on IDEAS

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    5. Fredriksson, Peter, 1997. " Economic Incentives and the Demand for Higher Education," Scandinavian Journal of Economics, Wiley Blackwell, vol. 99(1), pages 129-142, March.
    6. Cantillon, Sara & Curtis, John & FitzGerald, John, 1994. "Economic Perspectives for the Medium Term," Research Series, Economic and Social Research Institute (ESRI), number BMI84.
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    13. John FitzGerald, 1998. "Wage Formation and the Labour Market," Papers WP095, Economic and Social Research Institute (ESRI).
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    Cited by:

    1. Martin Ryan & Liam Delaney & Colm Harmon, 2009. "Enhancing the comparability of self-rated skills-matching using anchoring vignettes," Open Access publications 10197/2066, School of Economics, University College Dublin.

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