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Liczba wyników
2012 | 2 | 2-3 | 46-60
Tytuł artykułu

Does a university degree pay off in the estonian labour market?

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
While graduates of real sciences are considered crucial to the development of the knowledge-based economy, most European countries are still characterised by the low proportion of young people choosing to study natural and life sciences. The current research is motivated by a desire to compare the labour market performance of graduates of various disciplines to see whether there is any evidence of an over-supply of social science graduates. In this study we use the data from two waves of an Estonian survey of university alumni to analyse the labour market positions of young people with different educational backgrounds, during and after graduation, through both an economic boom and a deep recession. The results show that many students work during their studies, mostly for economic reasons. There are some signs of over-qualification and a mismatch between subjects studied and current jobs. There is a wage-premium observable between social science and real science graduates only at the master/doctoral level, not at bachelor level. This is partly explained by examining the sectors and companies where social and real sciences graduates are employed; however, a part of the gap remains unexplained.
Wydawca
Rocznik
Tom
2
Numer
2-3
Strony
46-60
Opis fizyczny
Daty
wydano
2012-01-01
online
2012-04-03
Twórcy
  • University of Tartu, Estonia
autor
  • University of Tartu, Estonia
autor
  • University of Tartu, Estonia
autor
  • University of Tartu, Estonia
Bibliografia
  • Black, D., Seth S., Lowell, T. (2003). The economic reward for studying economics. Economic Inquiry, 41(3), 365-377.[Crossref]
  • Campos, N., F., Dabušinskas, A. (2009). So many rocket scientists, so few marketing clerks: Estimating the effects of economic reform on occupational mobility in Estonia. European Journal of Political Economy, Vol 25, Issue 2, pp. 261-275.[WoS]
  • Ciriaci, D., and Muscio, A. (2010). Does university choice drive graduate's employability? University Library of Munich, MPRA Paper No 22846.
  • Finnie, R., and Frenette, M. (2003). Earning differences by major field of study: evidence from three cohorts of recent Canadian graduates. Economics of Education Review, 22, 179-192.
  • Goldberg D., and Hill, C. (2007) Behind the pay gap. AAUW Educational Foundation
  • Jann, B. (2008). A Stata implementation of the Blinder-Oaxaca decomposition. ETH Zurich Sociology Working Paper, No 5.
  • Kanep, H (2005). Analüüs erinevate koolitusvaldkondade lõpetanute seisundite kohta tööturul ametialade, haridustasemete ja majandusharude lõikes (The analysis of the status of the graduates of different fields on the labour market by jobs, education and economic sectors). Poliitikauuringute Keskus Praxis (in Estonian).
  • Livanos, I., and Pouliakas, K. (2009). The gender wage gap as a function of educational degree choices in an occupationally segregated EU country. IZA Discussion Papers 4636
  • Machin, S., and Puhani, A. P. (2003). Subject of degree and the gender wage differential: evidence from the UK and Germany. Economics Letters, 70(3), 393-400.[Crossref]
  • Masso, J., Krillo, K. (2011). Labour Markets In The Baltic States During The Crisis 2008-2009: The Effect On Different Labour Market Groups. University of Tartu, Faculty of Economics and Business Administration, Working Paper No 79.
  • McGuinness, S. (2003) University quality and labour market outcomes. Applied Economics, 35(18), 1943-1955.
  • Norton, T. (2008). Graduate employment and earnings: Are universities meeting student expectations? Research report
  • Thomas, L., Zhang, L. (2005). Post-baccalaureate wage growth within 4 years of graduation: the effects of college quality and college major. Research in Higher Education, 46(4), 437-459.
  • Thorson, A. (2005). The effect of college major on wages. The Park Place Economist, 13, 45-57.
  • Universities UK (2010). Recession to recovery: Changes in student choices and graduate employment". Research report.
  • Velasco, M. (2011). Evidence on graduate over-qualification in Europe: underutilization of educational skills and unrealized expectations. Universidad de Granada, Spain, mimeo.
  • Vila, L., Garcia-Aracil, A., Mora, J. (2007). The distribution of job satisfaction among young European graduates: does the choice of study field matter? The journal of Higher Education, 78(1), 97-118.
  • Progress Towards the Lisbon Objectives in Education and Training. Commission of the European Communities, 2009, 181 p.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.doi-10_2478_v10240-012-0003-4
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