Human capital production is central to economic wellbeing from a national perspective: it improves productivity, spurs technological innovation, and promotes sustainable economic growth over time. Equally important, investments in human capital are central to economic wellbeing at the individual level. College graduates tend to earn more money,…

This report is the result of collaboration between the Tennessee Higher Education Commission (THEC) and the Tennessee Department of Labor and Workforce Development (TDLWD). Using data from academic year (AY) 2006 through AY 2016, this report presents projections of awards to be produced by public, private, and proprietary institutions in Tennessee…

We use a random-effects dynamic probit model to estimate the effect of overskilling dynamics on wages. We find that overskilling mismatch is common and more likely among those who have been overskilled in the past. It is also highly persistent, in a manner that is inversely related to educational level. Yet, the wages of university graduates are…

This "Economic Insights" article documents the evolution of real annual wages and salaries and employment patterns of young postsecondary graduates by field of study from 2005 to 2012. Results are shown for Canadian-born individuals aged 25 to 34 who are college graduates or hold a bachelor's degree. The data are drawn from the linked…

We compared the wages of economics degree holders with of those in 49 other fields of study using data from the 2006 Canadian population census. At the undergraduate level, economics majors earned the sixth highest average wage in 2005. When demographic controls were applied, they ranked ninth on the salary scale. When we compared the wages in 15…

This paper examines the effects of grades from higher education on labour market outcomes. Economic theory predicts that grades are rewarded in the labour market because employers regard them as an expression of valuable skills or a signal of other sought after attributes. Social closure, however, may give reason to expect no effects. Whether good…

This paper analyzes the impact of university quality, family background and mismatch on the wages of young Italian graduates. An empirical analysis is undertaken using a representative sample of graduates merged with a dataset containing information on the characteristics of universities. By utilizing quantile regression techniques, some evidence…

This article explains why the massification of higher education in Hong Kong has, contrary to the predictions of received wisdom, failed to enhance the upward social mobility of the youth in the city. Building upon recent literature in political science, it argues that massification can take different forms, which in turn determine the effects of…

There is a longstanding debate about whether helping welfare recipients quickly find work or helping them to first obtain some basic education and training better improves their economic well-being. This brief contributes to the debate by presenting long-term findings from three sites in the seven-site National Evaluation of Welfare-to-Work…

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 study examined the extent to which the U.S. STEM labor market is stratified in terms of quality of employment. Through a series of cluster analyses and Chi-square tests on data drawn from the 2008 Survey of Income Program Participation (SIPP), the study found evidence of segmentation in the highly-skilled STEM and non-STEM samples,…

This report is the result of collaboration between the Tennessee Higher Education Commission (THEC) and the Tennessee Department of Labor and Workforce Development. Using data from 2006-2014, this report presents projections of degrees to be awarded from public, private, and proprietary institutions in Tennessee through the year 2025. These…

After a period of relative neglect in many countries, apprenticeships and other forms of work-based learning are experiencing a revival. Their effectiveness in easing school-to-work transitions and serving the economy is increasingly recognised. However, engaging individuals, employers, social partners and education and training systems in such…

In this dissertation, I present three distinct topics on labor economics that can be read independently from one another. In the first chapter, using matched mother-child data from the National Longitudinal Survey of Youth, I investigate the impact of mothers' involuntary job loss on children's academic achievement. In the next chapter, I examine…

It is well established that workers with more years of education earn higher wages. By establishing a reference or "required" level of education for a worker's occupation, it is possible to decompose an individual's actual level of education into years of required education and years of over-education or under-education relative to that…