In this paper we show that whilst there appear to be substantial private earnings gains to be had from a university education, these are greater for women than they are for men. Due to substantial asymmetries in post-graduation earnings performance, choice of subject is more important for men.

For the first time the issue of overeducation is addressed for the UK. Substantial amounts of over and undereducation are found. The evidence supports the view that formal education and other components of human capital are substitutes for the over- and undereducated.

Previous studies of job satisfaction in the labour force as a whole have found that women generally express themselves as more satisfied at work than men. This paper examines the relationship between age and individual job satisfaction using a uniquely detailed dataset on Scottish academics. The...