For Some, Luck Matters More: The Impact of the Great Recession on the Early Careers of Graduates from Different Socio-Economic Backgrounds

Emilia Del Bono and Greta Morando ()
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Greta Morando: University of Sheffield

No 14540, IZA Discussion Papers from Institute of Labor Economics (IZA)

Abstract: This paper uses variation in unemployment caused by the 2008 recession to analyse socio- economic gaps in graduate outcomes. Our data comes from a survey which collects information on several cohorts of students from all English universities and reports their destinations at 6 months after graduation. The results show that when students from less advantaged family backgrounds graduate during a recession they are more likely to become unemployed, to work part-time, and to earn less than students from more advantaged families. There is evidence that professional networks established while at university are important in explaining some of these socio-economic gaps in outcomes.

Keywords: socio-economic gap; graduate employment; recession (search for similar items in EconPapers)
JEL-codes: E32 I23 I24 I26 J62 (search for similar items in EconPapers)
Pages: 51 pages
Date: 2021-07
New Economics Papers: this item is included in nep-edu, nep-eur, nep-hrm, nep-lab and nep-mac
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Citations: View citations in EconPapers (1)

Published - published in: Oxford Economic Papers, 2022, 74 (3), 869 - 893

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Journal Article: For some, luck matters more: the impact of the great recession on the early careers of graduates from different socio-economic backgrounds* (2022)
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