Using longitudinal data of college graduates in Colombia, we estimate labor market returns to postsecondary degrees and to various skills--including literacy, numeracy, foreign language, and field-specific skills. Graduates of academic programs and schools of higher reputation obtain higher earnings relative to vocational public programs. A one…

According to a prominent hypothesis, the occurrence of educational mismatches is consistent with human capital theory since over- and undereducation are substitutes for heterogeneity in the abilities and skills among educational peers. Using German data[superscript 1] of literacy and numeracy test scores, I find evidence that compared to their…

Our study assesses whether high school science, technology, engineering, and mathematics (STEM) courses provide non-college bound youth with the skills and training necessary to successfully transition from high school into the STEM economy. Specifically, our study estimates the effects that advanced math, advanced science, engineering, and…

We analyse the relationship between job search and over-education for recent Australian bachelor degree graduates using data from the 2011 Beyond Graduation Survey. Results from panel estimation suggest that jobs found through university careers offices are associated with lower probability of over-education relative to jobs found through…

Using data on German university graduates, this paper analyzes wage differentials by field of study at labor market entry and five to six years later. At both points of time, graduates from arts/humanities have lower average monthly wages compared to other fields. Blinder-Oaxaca decompositions show that these wage differentials can be explained…

The present paper makes use of detailed information gathered at university department level, combined with graduate survey data, to assess the impact of different kinds of employability skills initiative on graduate labour market performance. We find that structured work experience and employer involvement in degree course design and delivery have…

Globalization is putting increasing pressure on jobs in the United Kingdom, particularly among less skilled activities. The European response through the Lisbon Strategy has been diffuse, while UK policy appears much more focused, concentrating on the need to raise education and skill levels. The present paper examines the transition towards a…

Reasons underlying a low demand for vocational skills in United Kingdom industry, relative to major competitors, are investigated. Low demand leads to a low supply of skilled labor, since the rates of return to vocational training are unattractive to potential trainees. Suggestions for reform are made. (Author)

Drawing on various theories, compares relative labor-market positions of graduates from two types of Dutch higher education systems in business administration and economics. Analysis of earnings and job opportunities show that university study generates more human capital and job matchings than higher education vocational study. (Contains 17…