The college wage premium and the expansion of higher education in the UK

Walker, I and Zhu, Y (2008) The college wage premium and the expansion of higher education in the UK. The Scandinavian Journal of Economics, 110 (4). pp. 695-709. ISSN 0347-0520

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Abstract

This paper reports estimates of the UK “college premium” for young graduates across successive cohorts from large cross-section datasets for the UK pooled from 1994 to 2006—a period when the higher education participation rate increased dramatically. The growth in relative labour demand suggests that graduate supply considerably outstripped demand which ought to imply a fall in the premium. We find no significant fall for men and even a large, but insignificant, rise for women. Quantile regression results reveal a fall in the premium only for men in the bottom quartile of the distribution of unobserved skills.

Item Type: Journal Article
Journal or Publication Title: The Scandinavian Journal of Economics
Uncontrolled Keywords: /dk/atira/pure/subjectarea/asjc/2000/2002
Subjects:
Departments: Lancaster University Management School > Economics
ID Code: 45208
Deposited By: ep_importer_pure
Deposited On: 11 Jul 2011 18:28
Refereed?: Yes
Published?: Published
Last Modified: 19 Sep 2019 23:58
URI: https://eprints.lancs.ac.uk/id/eprint/45208

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