This paper assesses how far the products of education are utilized in the British labour market, and how utilization has recently changed. We distinguish the concepts of 'under-education', 'over-education' and 'qualification inflation'. Using data from four surveys we find that over-education,...

In this paper, we explore whether an intergenerational relationship exists between the reading and mathematics test scores, taken at age 7, of a cohort of individuals born in 1958 and the equivalent test scores of their offspring measured in 1991. Our results suggest that how the parent performs...