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Tertiary Performance, Field of Study and Graduate Starting Salaries

Author

Listed:
  • Grace Chia

    (UWA Business School, The University of Western Australia)

  • Paul W Miller

    (UWA Business School, The University of Western Australia)

Abstract

This paper analyses data from the University of Western Australia (UWA) Graduate Destination Survey linked to information from the University’s Student Records System to explore the determinants of graduates’ starting salaries over the years 2002 to 2004. While the details examined also include age, gender, language spoken at home, country of birth, disability status and high school attended, most emphasis is placed on the impact on starting salaries of students’ academic performance and their field of study. The analyses show that the main determinant of graduates’ starting salaries is the weighted average mark they achieve at university. The salary differentials associated with higher marks in the Australian labour market appear greater than those reported in similar studies of the United States and United Kingdom labour markets. Science graduates are shown to have relatively low starting salaries, casting a shadow over recent suggestions that the supply of this group be increased through lower fee regimes.

Suggested Citation

  • Grace Chia & Paul W Miller, 2007. "Tertiary Performance, Field of Study and Graduate Starting Salaries," Economics Discussion / Working Papers 07-12, The University of Western Australia, Department of Economics.
  • Handle: RePEc:uwa:wpaper:07-12
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    File URL: http://www.business.uwa.edu.au/school/disciplines/economics/?a=37046
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    References listed on IDEAS

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    Cited by:

    1. Darren Grant & William Green, 2013. "Grades as incentives," Empirical Economics, Springer, vol. 44(3), pages 1563-1592, June.
    2. Tafreschi, Darjusch & Thiemann, Petra, 2016. "Doing it twice, getting it right? The effects of grade retention and course repetition in higher education," Economics of Education Review, Elsevier, vol. 55(C), pages 198-219.
    3. Carroll, David & Heaton, Christopher & Tani, Massimiliano, 2014. "Returns to University Quality in Australia: A Two-Stage Analysis," IZA Discussion Papers 8473, Institute for the Study of Labor (IZA).
    4. Emilia Bedyk & Jacek Liwiński, 2016. "The wage premium from parents’ investments in the education of their children in Poland," Working Papers 2016-14, Faculty of Economic Sciences, University of Warsaw.

    More about this item

    Keywords

    Starting Salaries; Ability; Field of Study;

    JEL classification:

    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General
    • J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations

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