Access to and Returns from Unpaid Graduate Internships
Angus Holford ()
No 10845, IZA Discussion Papers from Institute for the Study of Labor (IZA)
We use the Destination of Leavers from Higher Education Survey (DLHE) to estimate the socio-economic gradient in access to unpaid internships among English and Welsh graduates six months after completing their first degree, and the return to this internship experience 3 years later in terms of salary, occupation, contract type and career satisfaction. We show a significant salary penalty at 3.5 years after graduation compared with those going straight into paid work or further study, but also that graduates from higher socio-economic status have an advantage in accessing internships while being significantly insulated from their negative effects.
Keywords: higher education; internships; human capital; job satisfaction (search for similar items in EconPapers)
JEL-codes: J24 J28 J31 (search for similar items in EconPapers)
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Working Paper: Access to and returns from unpaid graduate internships (2017)
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