The Demand for Post-Compulsory Education in Four European Countries
This study seeks to explain changes in the post-compulsory education participation rates of 16- and 18-year-old people in England and Wales, Germany, the Netherlands and Sweden. The results suggest that the key explanatory variable is the increase in prior academic attainment before the end of compulsory schooling. While this is the case particularly for females, males are also influenced by the returns available to offering a higher level of education, and the level of real income available to 'spend' on education. The level of youth unemployment seems to play only a small part in the decision of whether to remain in education.
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Volume (Year): 9 (2001)
Issue (Month): 1 ()
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References listed on IDEAS
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- Whitfield, Keith & Wilson, R A, 1991. "Staying on in Full-Time Education: The Education Participation Rate of 16-Year-Olds," Economica, London School of Economics and Political Science, vol. 58(231), pages 391-404, August.
- Glyn, Andrew, 1995. "The Assessment: Unemployment and Inequality," Oxford Review of Economic Policy, Oxford University Press, vol. 11(1), pages 1-25, Spring.
- Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-72, June.
- Pissarides, Christopher A, 1981. "Staying-on at School in England and Wales," Economica, London School of Economics and Political Science, vol. 48(192), pages 345-63, November.
- Glyn, Andrew, 1995. "Unemployment and inequality," Discussion Papers, Research Unit: Economic Change and Employment FS I 95-303, Social Science Research Center Berlin (WZB).
- Granger, C. W. J. & Newbold, P., 1974. "Spurious regressions in econometrics," Journal of Econometrics, Elsevier, vol. 2(2), pages 111-120, July.
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