Chasing Graduate Jobs

Robert Wright, Irene Mosca

Research output: Working paper

Abstract

This paper examines empirically the relationship between under-employment and
migration amongst five cohorts of graduates of Scottish higher education institutions
with micro-data collected by the Higher Education Statistical Agency. The data
indicate that there is a strong positive relationship between migration and graduate
employment—those graduates who move after graduation from Scotland to the rest of
the UK or abroad have a much higher rate of graduate employment. Versions of
probit regression are used to estimate migration and graduate employment equations
in order to explore the nature of this relationship further. These equations confirm that
there is a strong positive relationship between the probability of migrating and the
probability of being in graduate employment even after other factors are controlled for.
Instrumental variables estimation is used to examine the causal nature of the
relationship by attempting to deal with the potential endogeneity of migration
decisions. Overall the analysis is consistent with the hypotheses that a sizeable
fraction of higher education graduates are leaving Scotland for employment reasons.
In turn this finding suggests the over-education/under-employment nexus is a serious
problem in Scotland
LanguageEnglish
Place of PublicationSouthampton
Publication statusPublished - 2012

Publication series

NameWorking Paper no. 16

Fingerprint

Graduate employment
Scotland
Underemployment
Higher education institutions
Cohort
Factors
Endogeneity
Overeducation
Instrumental variable estimation
Graduation
Probit regression
Micro data

Keywords

  • graduate jobs
  • graduates
  • scotland
  • under-employment
  • over-education
  • higher education

Cite this

Wright, R., & Mosca, I. (2012). Chasing Graduate Jobs. (Working Paper no. 16). Southampton.
Wright, Robert ; Mosca, Irene. / Chasing Graduate Jobs. Southampton, 2012. (Working Paper no. 16).
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Wright, R & Mosca, I 2012 'Chasing Graduate Jobs' Working Paper no. 16, Southampton.

Chasing Graduate Jobs. / Wright, Robert; Mosca, Irene.

Southampton, 2012. (Working Paper no. 16).

Research output: Working paper

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AB - This paper examines empirically the relationship between under-employment and migration amongst five cohorts of graduates of Scottish higher education institutions with micro-data collected by the Higher Education Statistical Agency. The data indicate that there is a strong positive relationship between migration and graduate employment—those graduates who move after graduation from Scotland to the rest of the UK or abroad have a much higher rate of graduate employment. Versions of probit regression are used to estimate migration and graduate employment equations in order to explore the nature of this relationship further. These equations confirm that there is a strong positive relationship between the probability of migrating and the probability of being in graduate employment even after other factors are controlled for. Instrumental variables estimation is used to examine the causal nature of the relationship by attempting to deal with the potential endogeneity of migration decisions. Overall the analysis is consistent with the hypotheses that a sizeable fraction of higher education graduates are leaving Scotland for employment reasons. In turn this finding suggests the over-education/under-employment nexus is a serious problem in Scotland

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Wright R, Mosca I. Chasing Graduate Jobs. Southampton. 2012. (Working Paper no. 16).