The Utilization of Education and Skills: Evidence from Britain

20 Pages Posted: 23 Feb 2003

See all articles by Francis Green

Francis Green

University of Kent - Department of Economics

Steven McIntosh

London School of Economics & Political Science (LSE)

Anna F. Vignoles

London School of Economics & Political Science (LSE)

Abstract

This paper assesses how far the products of education are utilized in the British labour market, and how utilization has recently changed. We distinguish the concepts of 'under-education', 'over-education' and 'qualification inflation'. Using data from four surveys we find that over-education, while substantial, has been stable since the mid-1980s. Although observed over-education is partly associated with low ability compared with one's educational peers, both over-education and skill under-utilization are also associated with mismatch in the labour market, and both involve a loss of wages. We conclude that, in order to inform policy, education and skill utilization should be closely monitored.

Suggested Citation

Green, Francis and McIntosh, Steven and Vignoles, Anna F., The Utilization of Education and Skills: Evidence from Britain. Available at SSRN: https://ssrn.com/abstract=370521

Francis Green (Contact Author)

University of Kent - Department of Economics ( email )

Keynes College
Kent, CT2 7NP
United Kingdom

HOME PAGE: http://www.kent.ac.uk/economics/staff/gfg/

Steven McIntosh

London School of Economics & Political Science (LSE) ( email )

Houghton Street
London WC2A 2AE
+44 (0)171 955 7442 (Phone)

Anna F. Vignoles

London School of Economics & Political Science (LSE) ( email )

Centre for Economic Performance (CEP)
Houghton Street
London WC2A 2AE
United Kingdom

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
42
Abstract Views
1,107
PlumX Metrics