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The Impact of Education and Training on the Labour Market Experiences of Yound Adults

Author

Listed:
  • Denny, K.J.
  • Harmon, C.P.
Abstract
This paper uses pooled cross-section data on recent school leaves in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education reflecting the degree of rationing in the system.

Suggested Citation

  • Denny, K.J. & Harmon, C.P., 2000. "The Impact of Education and Training on the Labour Market Experiences of Yound Adults," Papers 00/1, College Dublin, Department of Political Economy-.
  • Handle: RePEc:fth:dublec:00/1
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    References listed on IDEAS

    as
    1. James J. Heckman, 1976. "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 475-492, National Bureau of Economic Research, Inc.
    2. Kevin J Denny & Colm P Harmon, 2000. "Education Policy Reform and the Return to Schooling from Instrumental Variables," Working Papers 200012, School of Economics, University College Dublin.
    3. Callan, Tim & Harmon, Colm, 1999. "The economic return to schooling in Ireland," Labour Economics, Elsevier, vol. 6(4), pages 543-550, November.
    4. Kevin Denny & Colm Harmon, 2001. "Testing for sheepskin effects in earnings equations: evidence for five countries," Applied Economics Letters, Taylor & Francis Journals, vol. 8(9), pages 635-637.
    5. Lee, Lung-Fei, 1983. "Generalized Econometric Models with Selectivity," Econometrica, Econometric Society, vol. 51(2), pages 507-512, March.
    6. Martyn Andrews & Steve Bradley, 1997. "Modelling the Transition from School and the Demand for Training in the United Kingdom," Economica, London School of Economics and Political Science, vol. 64(255), pages 387-413, August.
    7. Christopher T. Whelan & Damian F. Hannan, 1999. "Class Inequalities in Educational Attainment among the Adult Population in the Republic of Ireland," The Economic and Social Review, Economic and Social Studies, vol. 30(3), pages 285-307.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. A. Davia, Maria, 2004. "Tackling multiple choices: a joint determination of transitions out of education and into the labour market across the European Union," ISER Working Paper Series 2004-22, Institute for Social and Economic Research.
    2. Pastore, Francesco, 2005. "To Study or to Work? Education and Labour Market Participation of Young People in Poland," IZA Discussion Papers 1793, Institute of Labor Economics (IZA).
    3. Giorgia Casalone & Eliana Baici, 2023. "Education, Off-the-Job Vocational Training, and Early Employment Outcomes: Evidence from Italy," Merits, MDPI, vol. 3(2), pages 1-15, May.
    4. repec:zna:indecs:v:19:y:2021:i:4:p:189-209 is not listed on IDEAS
    5. McCoy, Selina & Smyth, Emer, 2003. "Educational Expenditure: Implications for Equality," Papers BP2004/4, Economic and Social Research Institute (ESRI).

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    More about this item

    Keywords

    WAGES ; EDUCATION ; YOUTH;
    All these keywords.

    JEL classification:

    • J31 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Wage Level and Structure; Wage Differentials
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search

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