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To authenticate to the full-text of this article, please visit this link: http://dx.doi.org/10.1111/j.1467-9957.2009.02136.x Byline: KOSTAS MAVROMARAS (1), SEAMUS MCGUINNESS (2), NIGEL O'LEARY (3), PETER SLOANE (4), YI KING FOK (5) Abstract: In this paper we examine the parallel trends in education and labour market developments in Australia and Britain using unique information on reported overskilling in the workplace. To a degree, the overskilling information overcomes the problem of unobserved ability differences and focuses on the actual job-employee mismatch more than the conventional overeducation variables can. The paper finds that the prevalence of overskilling decreases with education at least for Australia, but the wage penalty associated with overskilling increases with education. Although the prevalence of overskilling differs between Australia and Britain, the pattern of the wage penalties is fairly similar in both countries. Author Affiliation: (1)University of Melbourne and IZA, Bonn (2)Economic and Social Research Institute, Dublin (3)Swansea University (4)Swansea University and IZA, Bonn (5)University of Melbourne

The Labor Force Survey was used to examine the heterogeneity of rates of return to degrees across regions in Britain. Findings revealed that financial rewards for graduates were substantially varied across regions, with much greater returns in the South East and London. The results with cost-of-living and regional differences taken into account are also presented.

In this paper, we estimate the rate of return to first degrees, Masters degrees and PhDs in Britain using data from the Labour Force Survey. We estimate returns to broad [...]

Using individual data from the 1991 Census and the Labour Force Survey, this article investigates earnings and unemployment disadvantages among Britain's ethnic minorities for males and females. The key point is to distinguish those born in Britain from those born abroad. UK-born members of the ethnic minorities have better earnings prospects, whereas unemployment rates remain high for the UK-born group. The policy implication is to concentrate on putting people into jobs, more so than concentrating upon pay discrimination in work., Data from the 1991 Census and the Labour Force Survey indicates that ethnic minorities are disadvantaged in both what they earn and their employment opportunities. Twice as many people from ethnic groups are unemployed as white people, with Pakistanis and Bangladeshis particularly affected. Young people aged between 16-24 are more likely to be unemployed. Chinese people are the least disadvantaged ethnic group in the labour market. Ethnic people born in the United Kingdom earn more than those born elsewhere but find it harder to secure employment., Ethnic minorities in Britain suffer economic disadvantage. The Fourth National Survey of Ethnic Minorities reported on by Modood et al. (1997) documents this. The purpose here is to quantify earnings [...]