Education and Occupational Attainment of Australian Youth

36 Pages Posted: 28 Nov 2014

See all articles by Molla Huq

Molla Huq

Monash University; University of Melbourne

Date Written: November 26, 2014

Abstract

In this paper, the effects of education and personal characteristics on the probability of occupational success were examined using Longitudinal Surveys of Australian Youth (LSAY) 95 cohort data which involved the students who were at year 9 in 1995 and were re-interviewed annually. The education-occupation dynamics may provide us with the means to produce industry based education to meet future occupational needs. We utilized multinomial logit model and ordered probit model with sample selection. Results suggest that higher educational level leads to better occupations. Also there is evidence that early life educational attainment directly relates to occupational success. Family background and in-school working experience proved to be important factors for occupational attainment. These results may help at directly pointing some important policy implications to ensure the fulfillment of certain educational skills in Australia.

Keywords: Occupational Choice, Educational Attainment, Labour Market Outcomes, Australian Youth

JEL Classification: I21, J24, J40, J82

Suggested Citation

Huq, Molla, Education and Occupational Attainment of Australian Youth (November 26, 2014). Available at SSRN: https://ssrn.com/abstract=2531043 or http://dx.doi.org/10.2139/ssrn.2531043

Molla Huq (Contact Author)

Monash University ( email )

99 Commercial Road
Melbourne, VIC 3004
Australia

University of Melbourne ( email )

Melbourne
Australia

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