The Relative Importance of Local Labour Market Conditions and Pupil Attainment on Post-Compulsory Schooling Decisions
Elena Meschi,
Joanna K. Swaffield () and
Anna Vignoles
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Joanna K. Swaffield: University of Southampton
No 6143, IZA Discussion Papers from Institute of Labor Economics (IZA)
Abstract:
This paper assesses the relative importance of local labour market conditions and pupil educational attainment as primary determinants of the post-compulsory schooling decision. Using a nested logit model we formally incorporate the structured and sequential decision process pupils engage with. Our findings show that, on average, the key drivers of the schooling decision are pupil educational attainment and parental aspirations rather than local labour market conditions. However, there is some evidence that higher local unemployment rates encourage males to invest in education, and that interactions with educational attainment suggest local labour market conditions impact heterogeneously across the pupil population.
Keywords: post-compulsory education; local labour markets; parental aspirations; educational attainment; nested logit (search for similar items in EconPapers)
JEL-codes: I21 J18 J24 (search for similar items in EconPapers)
Pages: 50 pages
Date: 2011-11
New Economics Papers: this item is included in nep-edu, nep-lab and nep-ure
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Citations: View citations in EconPapers (15)
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