Advertisement

An Overview of the Demand for Post-compulsory Education by British Men, 1955–77

  • Christopher A. Pissarides
Part of the International Economic Association Series book series (IEA)

Abstract

The number of students attending full-time education after the age of 16, when compulsory education ends, is determined by (i) the size of the relevant age group, and (ii) the percentage of the age group attending full-time education. The former is known fairly precisely several years before students reach the age of 16. The latter is not known, because it fluctuates in response to demand (whether students want to continue with further education) and supply (whether they are able to continue, having received the relevant qualification). Supply constraints, however, are not likely to operate before university; variations in the percentage of the age group continuing with education up to GCE ‘A’ level examinations (taken by most students at the age of 18) are almost certain to be the result of demand shifts. Students qualifying for university entry (obtaining two or more GCE ‘A’ levels), and wishing to pursue it, may find that there are restrictions in the number of places that can be offered. If this is so, the percentage of the age group entering university may vary in response to both demand and supply shifts, but as we shall argue below there is no evidence of operative supply constraints after 1963.

Keywords

Discount Rate Manual Earning Entry Rate Youth Unemployment Supply Constraint 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Becker, G. S. (1975), Human Capital, 2nd edn (New York, Columbia University Press).Google Scholar
  2. Mincer, J. (1974), Schooling, Experience and Earnings (New York: Columbia University Press).Google Scholar
  3. Pissarides, C. A. (1981a), ‘Staying-on at School in England and Wales’, London School of Economics, Centre for Labour Economics Discussion Paper No. 63, forthcoming in Economica.Google Scholar
  4. Pissarides, C. A. (1981b), ‘From School to University: The Demand for Post-compulsory Education in England and Wales’, London School of Economics, Centre for Labour Economics, Discussion Paper 70.Google Scholar

Copyright information

© International Economic Association 1983

Authors and Affiliations

  • Christopher A. Pissarides
    • 1
  1. 1.London School of EconomicsUK

Personalised recommendations