Britton, Jack William and Dickson, Matt (2022) How much does degree choice matter? Labour Economics. 102268. ISSN 0927-5371
Abstract
We use a large and novel administrative dataset to investigate returns to different university ‘degrees’ (subject-institution combinations) in the United Kingdom. Conditioning on a rich set of background characteristics, we find substantial variation in returns across degrees with similar selectivity levels, suggesting students’ degree choices matter a lot for later-life earnings. Returns increase with university selectivity much more at the top of the selectivity distribution than further down, and much more for some subjects than others. Returns are poorly correlated with observable degree characteristics other than selectivity, which could have important implications for student choices and the incentives of universities.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | Crown Copyright © 2022 Published by Elsevier B.V |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > Economics and Related Studies (York) |
Depositing User: | Pure (York) |
Date Deposited: | 07 Oct 2022 15:40 |
Last Modified: | 21 Nov 2024 00:46 |
Published Version: | https://doi.org/10.1016/j.labeco.2022.102268 |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1016/j.labeco.2022.102268 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:191853 |
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Description: How much does degree choice matter?
Licence: CC-BY 2.5