Skill mismatch among UK graduates
Vecchi, Michela ORCID: https://orcid.org/0000-0002-0129-6769, Savic, Maja and Romiti, Marina
(2021)
Skill mismatch among UK graduates.
Discussion Paper.
Economic Statistics Centre of Excellence (ESCoE), London, UK.
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[Monograph]
(Accepted/In press)
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Abstract
We examine graduates’ skill mismatch in the UK focusing on their abilities and academic background, including a distinction between UK and foreign degrees. Approximately 30% of graduates in the UK are overqualified. Among UK-only graduates, the incidence of overqualification is considerably lower, independent of graduates’ nationality. Studying in a UK institution increases the chance of a good job match and has a positive effect on wages. Studying at more selective institutions and graduating with a first-class degree also promotes good job matches and higher earnings. Our results suggest that improving graduates’ skills, and a better match between foreign graduates and occupations, could be effective in reducing the skill mismatch.
Item Type: | Monograph (Discussion Paper) |
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Additional Information: | ESCoE Discussion paper |
Research Areas: | A. > Business School > Economics |
Item ID: | 33486 |
Useful Links: | |
Depositing User: | Michela Vecchi |
Date Deposited: | 07 Jul 2021 14:04 |
Last Modified: | 07 Jul 2021 14:04 |
URI: | https://eprints.mdx.ac.uk/id/eprint/33486 |
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