Abstract:
Individuals from ethnic minorities have a greater tendency to stay on in full-time education beyond the compulsory age. There are, however, wide variations between groups, and the paper explores the role for human capital considerations, such as earnings and increased employability, in this choice. Economic considerations and socioeconomic background are found to be important but there is evidence for a separate ethnicity effect influencing choice. The method used is to fit a joint leaving and employment equation for males and females aged 18-24 using combined micro data from the British Labour Force Survey and the Sample of Anonymized Records from the 1991 Census. Copyright 1999 by The London School of Economics and Political Science