College degree supply and occupational allocation of graduates - the case of the Czech Republic

0342778 - NHU-C 2011 RIV CZ eng J - Journal Article
Gebicka, Barbara
College degree supply and occupational allocation of graduates - the case of the Czech Republic.
CERGE-EI Working Paper Series. Roč. 20, č. 1 (2010), s. 41-87. ISSN 1211-3298
R&D Projects: GA MŠMT LC542
Institutional research plan: CEZ:MSM0021620846
Keywords : occupational allocation * demand for skills * productivity spillovers
Subject RIV: AH - Economics
http://www.cerge-ei.cz/pdf/wp/Wp407.pdf

Public funding drives much of the recent growth of college degree supply in Europe, but few indicators are available to assess its optimal level. In this paper, I investigate an indicator of college skills usage - the fraction of college graduates employed in “college” occupations. Gottschalk and Hansen (2003) propose to identify “college” occupations based on within-occupation college wage premia; I build on their strategy to study the local-labor-market relationship between the share of college graduates in the population and the use of college skills. Empirical results based on worker-level data from Czech NUTS-4 districts suggest a positive relationship, thus supporting the presence of an endogenous influence of the number of skilled workers on the demand for them.
Permanent Link: http://hdl.handle.net/11104/0185412