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Why is there a graduate earnings premium for students from independent schools?

Naylor, Robin, Smith, Jeremy and McKnight, Abigail (2002) Why is there a graduate earnings premium for students from independent schools? Bulletin of Economic Research, 54 (4). pp. 315-339. ISSN 0307-3378

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Abstract

We examine the determinants of occupational earnings of UK 1993 graduates and focus on the influence of the type of school the graduate attended prior to university entrance. For data reasons, we restrict attention to graduates who attended school in England. We estimate that, on average, a male (female) graduate who attended an Independent school receives an earnings premium of 3.1 per cent (3.4 per cent) over and above the earnings of a graduate who attended an LEA school, ceteris paribus. We also find considerable variation across different Independent schools in the size of the graduate earnings premium, especially for males, and show that in the case of males the premium increases with the level of school fees, but is not statistically related to measures of school–level average academic performance.

Item Type: Article
Official URL: http://onlinelibrary.wiley.com/journal/10.1111/%28...
Additional Information: © 2002 Blackwell Publishers Ltd and the Board of Trustees of the Bulletin of Economic Research
Library of Congress subject classification: H Social Sciences > HD Industries. Land use. Labor
L Education > LC Special aspects of education
Sets: Research centres and groups > Centre for Analysis of Social Exclusion (CASE)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 09 Jun 2012 13:14
URL: http://eprints.lse.ac.uk/44261/

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