No Cover Image

Journal article 378 views 31 downloads

Too many graduates? An application of the Gottschalk–Hansen model to young British graduates between 2001–2010 / Nigel, O'Leary; Peter, Sloane

Oxford Economic Papers, Volume: 68, Issue: 4, Pages: 945 - 967

Swansesa University Authors: Nigel, O'Leary, Peter, Sloane

DOI (Published version): 10.1093/oep/gpw027

Abstract

A model of supply and demand is applied to UK data over the period 2001-2010 to define graduate jobs in terms of the proportion of graduates and/or the graduate earnings mark-up within occupations. Within such a framework it is found that there has been an upward shift in the likelihood of young Bri...

Full description

Published in: Oxford Economic Papers
Published: 2016
URI: https://cronfa.swan.ac.uk/Record/cronfa26504
Tags: Add Tag
No Tags, Be the first to tag this record!
Abstract: A model of supply and demand is applied to UK data over the period 2001-2010 to define graduate jobs in terms of the proportion of graduates and/or the graduate earnings mark-up within occupations. Within such a framework it is found that there has been an upward shift in the likelihood of young British university graduates being employed in non-graduate jobs over the course of the past decade. Such a period has coincided with a continued (and rapid) expansion of the UK higher education sector and the findings presented here highlight the need for government policy in this area to be set in consideration of labour market needs.
College: School of Management
Issue: 4
Start Page: 945
End Page: 967