Unequal futures? Mass higher education and graduates' relative earnings in Portugal, 1995–2009

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FIGUEIREDO, Hugo

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Material type: Text

TextSeries: Applied Economics Letters ; Volume , number ,New York Taylor & Francis 2013Content type:

text

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unmediated

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Summary: This article analyses the evolution of relative earnings premiums for young university graduates in Portugal (1995–2009), suggesting that the previous picture of a successful transition towards mass higher education changed significantly. Our results indicate a decline in the average premium and an increasing dispersion in the returns to higher education. The relative position of graduates at the top of the wage distribution, in jobs in which the majority of workers have a degree, has, however, remained stable. These trends raise the risk of increasing expectations mismatches among recent graduate cohorts.

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Item type	Current library	Call number	Vol info	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HB1.A666 APP (Browse shelf(Opens below))	Vol.20 , No.10 - 12 (Aug 2013)	Not for loan	For In House Use Only

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Previous	HB1.A666 APP On international stock market co-movements and macroeconomic risks	HB1.A666 APP Quasi-hyperbolic time preferences and their intergenerational transmission	HB1.A666 APP Exchange rate and oil price asymmetric adjustment	HB1.A666 APP Unequal futures? Mass higher education and graduates' relative earnings in Portugal, 1995–2009	HB1.A666 APP Does religion affect international trade in services more than trade in goods?	HB1.A666 APP A question of bias in the US unemployment numbers	HB1.A666 APP Cross-market linkages between commodities, stocks and bonds	Next

This article analyses the evolution of relative earnings premiums for young university graduates in Portugal (1995–2009), suggesting that the previous picture of a successful transition towards mass higher education changed significantly. Our results indicate a decline in the average premium and an increasing dispersion in the returns to higher education. The relative position of graduates at the top of the wage distribution, in jobs in which the majority of workers have a degree, has, however, remained stable. These trends raise the risk of increasing expectations mismatches among recent graduate cohorts.

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