Arbeitspapier

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

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. This implies 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.

Language
Englisch

Bibliographic citation
Series: Department of Economics Discussion Paper ; No. 08,09

Classification
Wirtschaft
Education and Research Institutions: General
Wages, Compensation, and Labor Costs: General
Subject
human capital
higher education
college premium
Studium
Bildungsniveau
Bildungsertrag
Einkommen
Großbritannien

Event
Geistige Schöpfung
(who)
Walker, Ian
Zhu, Yu
Event
Veröffentlichung
(who)
University of Kent, Department of Economics
(where)
Canterbury
(when)
2008

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Walker, Ian
  • Zhu, Yu
  • University of Kent, Department of Economics

Time of origin

  • 2008

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