The impacts of education and training on the labour market experiences of young adults

Kevin Denny and Colm Harmon

Open Access publications from School of Economics, University College Dublin

Abstract: This paper uses pooled cross-section data on recent school leavers in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education. Family background is an important predictor for participation in higher education reflecting the degree of rationing in the system. The level of educational attainment influences the probability of entering higher education or employment. The estimates for earnings functions show large differences across gender with males being rewarded significantly higher. The returns to training are positive though biased upwards by sample selection particularly for females.

Keywords: Youth; Earnings; Education; Wages--Effect of education on; Labor supply--Effect of education on; Young adults--Employment; Wages--Youth (search for similar items in EconPapers)
JEL-codes: J31 J64 (search for similar items in EconPapers)
Date: 2000-04
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Citations: View citations in EconPapers (5)

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http://hdl.handle.net/10197/731 First version, 2000 (application/pdf)

Related works:
Working Paper: The Impact of Education and Training on the Labour Market Experiences of Yound Adults (2000)
Working Paper: The impacts of education and training on the labour market experiences of young adults (2000)
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Persistent link: https://EconPapers.repec.org/RePEc:ucn:oapubs:10197/731

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