The utilization of education and skills. Evidence from Britain

Green, Francis and McIntosh, Steven and Vignoles, Anna (2002) The utilization of education and skills. Evidence from Britain. Manchester School, 70 (6). pp. 792-811. ISSN 1463-6786. (The full text of this publication is not available from this repository)

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Official URL
http://dx.doi.org/10.1111/1467-9957.00325

Abstract

This paper assesses how far the products of education are utilized in the British labour market, and how utilization has recently changed. We distinguish the concepts of 'under-education', 'over-education' and,qualification inflation'. Using data from four surveys we find that over-education, while substantial, has been stable since the mid-1980s. Although observed over-education is partly associated with low ability compared with one's educational peers, both over-education and skill under-utilization are also associated with mismatch in the labour market, and both involve a loss of wages. We conclude that, in order to inform policy, education and skill utilization should be closely monitored.

Item Type: Article
Subjects: H Social Sciences
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: G.F. Green
Date Deposited: 08 Sep 2008 19:15
Last Modified: 15 Apr 2014 12:51
Resource URI: http://kar.kent.ac.uk/id/eprint/4861 (The current URI for this page, for reference purposes)
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