Walker, Ian and Zhu, Yu. (2008) The college wage premium and the expansion of higher education in the UK. Scandinavian Journal of Economics, Vol.110 (No.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
Subjects:	H Social Sciences > HB Economic Theory L Education > L Education (General)
Divisions:	Faculty of Social Sciences > Economics
Journal or Publication Title:	Scandinavian Journal of Economics
Publisher:	Blackwell
ISSN:	0347-0520
Official Date:	2008
Volume:	Vol.110
Number:	No.4
Number of Pages:	15
Page Range:	pp. 695-709
Identification Number:	10.1111/j.1467-9442.2008.00557.x
Status:	Peer Reviewed
Publication Status:	Published
Access rights to Published version:	Restricted or Subscription Access
Funder:	Department for Education and Skills (DfES), Scottish Enterprise, Leverhulme Trust
URI:	http://wrap.warwick.ac.uk/id/eprint/45615

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