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Enseignement supérieur et marchés du travail. Analyse économétrique de la théorie de l'engorgement

Magali Jaoul-Grammare

Economie & Prévision, 2004, vol. 166, issue 5, 39-57

Abstract: In many countries, the higher education and economic systems have undergone periods of expansion followed by periods of stagnation or recession. A relationship between these two indicators has therefore been assumed. Diebolt(2001) believes that the educational movements are linked to evolutions on the labour market. According to his ?glutting? theory, students?career choices depend on expected earnings levels and the availability of places in the professional sector concerned. Inthis study we propose an econometric test of this theory in the case of Germany (1820-1941), using co-integration and causality. The relationships that emerge seem to confirm this theory: we find substitutability between university courses and the various professions, on the one hand, and, on the other, complementarity between the numbers of students in the universities and of posts in the corresponding professions.

Keywords: causality; glutting; higher education; labour market (search for similar items in EconPapers)
Date: 2004
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