The College Wage Premium and the Expansion of Higher Education in the UK

Ian Walker and Yu Zhu ()

Scandinavian Journal of Economics, 2008, vol. 110, issue 4, pages 695-709

Abstract: This paper reports estimates of the UK "college premium" for young graduates across successive cohorts from large cross-section datasets for the UK pooled from 1994 to 2006-a period when the higher education participation rate increased dramatically. The growth in relative labour demand suggests that graduate supply considerably outstripped demand which ought to imply a fall in the premium. We find no significant fall for men and even a large, but insignificant, "rise" for women. Quantile regression results reveal a fall in the premium only for men in the bottom quartile of the distribution of unobserved skills. Copyright © The editors of the "Scandinavian Journal of Economics" 2008 .

Date: 2008

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Working Paper: The College Wage Premium and the Expansion of Higher Education in the UK (2008)
Working Paper: The College Wage Premium and the Expansion of Higher Education in the UK (2008)
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Scandinavian Journal of Economics is edited by Jonas Agell, Nils Gottfries and Espen R. Moen

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