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"Women at Work," a collection of 15 essays, contributes to our understanding of women's working lives and presents a useful opportunity to view British evidence in this field. Although women's absolute lifetime earnings will always be lower than men's, educated women may enjoy a greater advantage than men and face less market discrimination than women with less education. (MLH)

This paper estimates the returns to university selectivity in the UK using administrative data on applications and admissions to university, linked to a survey of graduates three and a half years after graduation. It compares students who indicated preferences for, and were conditionally accepted to, the same universities--but who attended different ones because some failed to meet the conditions of their preferred offer. The results suggest that one standard deviation in selectivity leads to a 7% increase in earnings. (Contains 5 tables and 2 figures.)

Using a survey of a cohort of UK graduates, linked to administrative data on higher education participation, this paper investigates the labour market attainment of recent graduates by subject of study. We document a large heterogeneity in the mean wages of graduates from different subjects and a considerably larger one within subject with individuals with the most favourable unobserved characteristics obtaining wages almost twice as large as those with the worst. Moreover, gender differences in wages within subjects are also large. We then simulate a graduate tax to calculate a willingness to pay--in form of tuition fees--to capture these subject wage premia. (Contains 7 tables and 3 figures.)

This paper explores the determinants of the choice of UK universities by overseas undergraduate applicants. We use data on overseas applicants in Business Studies and Engineering from 2002 to 2007, to 97 UK universities. Estimating using a Hausman-Taylor model to control for the possible correlation between our explanatory variables and unobservable university-level effects, we find that the fees charged may influence the application decision of some students, but that any relationship between levels of fees and applications is non-linear. The quality of education provided is positively and significantly related to the number of applications. Proximity to London and the existing popularity of a university among home applicants, are also significant predictors of university applications. (Contains 2 figures and 6 tables.)

This paper uses a new survey of graduates from one large civil university in the UK to examine the determinants of over-education and its subsequent impact on labour market earnings. Multiple measurements of over-education were collected to assess the effect of measurement error on the estimated pay penalty associated with over-education. Panel estimates suggest that the upward bias in standard OLS estimates is offset by an equal downward bias resulting from measurement error.

The view of the British government toward higher education has been subject to changing perspectives with the role of economic analysis becoming more significant. Government policy implications for higher education resource allocation can be rationalized in terms of the human capital approach and the problems of managing a bureau. (Author/MLF)

This rejoinder to K. K. Fung's critique of the authors' data-envelopment analysis (DEA) article argues that eliminating inefficiency by competition requires perfect information, not just freedom of entry and exit. DEA provides the necessary information, but is not intended as a mechanism to replace peer review. (MLH)

Johnes and Johnes demonstrate use of data-envelopment analysis to construct an efficiency frontier comparing different UK university economics departments' efficiency without having to assign uniform weights to inputs and outputs. Since desirability of departmental goals cannot be compared, DEA's usefulness is limited to comparing relative efficiency of departments sharing the same goals. (MLH)

Abstract: Using a survey of a cohort of UK graduates, linked to administrative data on higher education participation, this paper investigates the labour market attainment of recent graduates by subject of study. We document a large heterogeneity in the mean wages of graduates from different subjects and a considerably larger one within subject with individuals with the most favourable unobserved characteristics obtaining wages almost twice as large as those with the worst. Moreover, gender differences in wages within subjects are also large. We then simulate a graduate tax to calculate a willingness to pay – in form of tuition fees – to capture these subject wage premia. [Copyright &y& Elsevier]

Abstract: This paper explores the determinants of the choice of UK universities by overseas undergraduate applicants. We use data on overseas applicants in Business Studies and Engineering from 2002 to 2007, to 97 UK universities. Estimating using a Hausman–Taylor model to control for the possible correlation between our explanatory variables and unobservable university-level effects, we find that the fees charged may influence the application decision of some students, but that any relationship between levels of fees and applications is non-linear. The quality of education provided is positively and significantly related to the number of applications. Proximity to London and the existing popularity of a university among home applicants, are also significant predictors of university applications. [Copyright &y& Elsevier]