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McGuinness, Seamus; Sloane, Peter J. – Economics of Education Review, 2011
There is much disagreement in the literature over the extent to which graduates are mismatched in the labour market and the reasons for this. In this paper we utilise the Flexible Professional in the Knowledge Society (REFLEX) data set to cast light on these issues, based on data for UK graduates. We find substantial pay penalties for…
Descriptors: Job Satisfaction, Labor Market, Salary Wage Differentials, Education Work Relationship
McGuinness, Seamus; Bennett, Jessica – Education Economics, 2009
The present paper uses British Household Panel Survey data from 1991 to 2002 to assess the extent to which labour market returns have been influenced by changes in the nature of educational supply. We find that whilst there have been substantial shifts in the returns to schooling over the period, these effects are much more pronounced for younger…
Descriptors: Labor Market, Educational Supply, Social Change, Education Work Relationship