The college wage premium and the expansion of higher education in the UK

Ian Walker, Yu Zhu

    Research output: Contribution to journalArticle

    79 Citations (Scopus)

    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.

    Original languageEnglish
    Pages (from-to)695-709
    Number of pages15
    JournalScandinavian Journal of Economics
    Volume110
    Issue number4
    DOIs
    Publication statusPublished - 28 Nov 2008

    Keywords

    • College premium
    • Higher education
    • Human capital

    Fingerprint Dive into the research topics of 'The college wage premium and the expansion of higher education in the UK'. Together they form a unique fingerprint.

  • Cite this