40 research outputs found
The long term effect of vocational qualifications on labour market outcomes
"London Economics were commissioned by the Department for Business, Innovation and Skills to undertake an assessment of the long-term effect of vocational education and training on labour market outcomes. We combined learner attainment information from the Individual Learner Record (ILR) between 2002/03 and 2005/06, annual earnings information (between 2003/04 and 2009/10) and employment information (between 1999/00 and 2009/10) from HM Revenue and Customs, and benefit receipt and duration information (between 1999/00 and 2009/10) from the Department for Work and Pensions. The number of individuals contained in the ILR totalled almost 6.9 million learners that could be subsequently matched to the HMRC and DWP data sources (presented in Figure 1). For the analysis we retained both achievers and individuals who enrolled in the course but failed to achieve the qualification aim." - page 8
Does it pay to attend a prestigious university?
This paper provides evidence of heterogeneity in the returns to higher education in the UK. Attending the most prestigious universities leads to a wage premium of up to 6% for males. The rise in participation in higher education also led to a greater sorting of students and an increase in the returns to quality. These results somehow justify the recent introduction of top-up fees. Additionally, identification strategy matters and OLS estimates may be severely biased. However, our estimates, based on propensity score matching, are imprecise due to the thinness of the common support.Higher Education Quality, Tuition fees
Estimating the value to the UK of education exports
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