Too Many Graduates? An Application of the Gottschalk-Hansen Model to Young British Graduates between 2001-2010

Arbeitspapier

There is an apparent inconsistency in the existing literature on graduate employment in the UK. While analyses of rates of return to graduates or graduate mark-ups show high returns, suggesting that demand has kept up with a rapidly rising supply of graduates, the literature on over-education suggests that many graduates are unable to find employment in graduate jobs and the proportion over-educated has risen over time. Using a simple supply and demand model applied to UK data that defines graduate jobs in terms of the proportion of graduates and/or the graduate earnings mark-up within occupations, we find that there has been a shift in the likelihood of young British university graduates being employed in non-graduate jobs in the recent years of our analysis. This finding is in contrast to existing studies.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 8413

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: education ; wages ; graduates ; mismatch

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): O'Leary, Nigel C. ; Sloane, Peter J.
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/101816
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ