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Persistent link: https://www.econbiz.de/10011578790
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...
Persistent link: https://www.econbiz.de/10010398727
The matching efficiency of the standard matching function is known to follow a pro-cyclical pattern. An observed … rightward shift in the UK's Beveridge Curve after the Great Recession, suggests a decrease in the matching efficiency between … characteristics of unemployed, using the standard aggregate matching function. Consistent with the findings for the US (Barnichon and …
Persistent link: https://www.econbiz.de/10014244287
Persistent link: https://www.econbiz.de/10001691351
This paper tests whether aggregate matching is consistent with unemployment being mainly due to search frictions or due … to job queues. Using U.K. data and correcting for temporal aggregation bias, estimates of the random matching function … are consistent with previous work in this field, but random matching is formally rejected by the data. The data instead …
Persistent link: https://www.econbiz.de/10013320025
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio-economic status. We assess whether meritocracy has increased in both the British education system and labour market. The richness of our longitudinal data enables us to look at...
Persistent link: https://www.econbiz.de/10011415585
-reported information close to the date of completion of the qualification, and recall information ten years after completion. We are in the …
Persistent link: https://www.econbiz.de/10009530732
This paper analyzes how apprenticeship training, i.e., work-based secondary education, affects personality traits compared to full-time school-based vocational or general education. Employing an instrumental variable approach that exploits the regional differences in the relative weight of...
Persistent link: https://www.econbiz.de/10010240594
-reported information close to the date of completion of the qualification, and recall information ten years after completion. We are in the …
Persistent link: https://www.econbiz.de/10013110511
In a meritocratic society an individual's economic success is determined by their ability, not by their parents' socio-economic status. We assess whether meritocracy has increased in both the British education system and labour market. The richness of our longitudinal data enables us to look at...
Persistent link: https://www.econbiz.de/10013320124