Does Academic Success affect Outcomes in Graduate Labour Markets
Date
2016
Authors
Miller, Marcus
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Thesis
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Abstract
This thesis explores the impact that university grades have on the labour market
outcomes of Australian students graduating from undergraduate study. Using cross sectional
data of students from the University of Adelaide, we investigate the effect
that a student’s grade point average has on both the likelihood of employment and
expected wages. We build on previous literature by using instrumental variable estimation
and sample-selection models to correct for potential biases in the model, which
also allows us to look at these two measures simultaneously. Our results suggest that
when the models of these two outcomes are estimated simultaneously, area of study
is the main source of variability in wages amongst individuals. Students’ grades and
employment history, which may have been expected to also influence wages, were
found to only have a significant impact on employment probability. This challenges
previous studies on graduate starting wages, which find positive impacts of these
measures on wages when they were looked at in isolation of employment outcomes.
School/Discipline
School of Economics
Dissertation Note
Thesis (B.Ec.(Hons)) -- University of Adelaide, School of Economics, 2017
Provenance
This electronic version is made publicly available by the University of Adelaide in accordance with its open access policy for student theses. Copyright in this thesis remains with the author. This thesis may incorporate third party material which has been used by the author pursuant to Fair Dealing exceptions. If you are the author of this thesis and do not wish it to be made publicly available, or you are the owner of any included third party copyright material you wish to be removed from this electronic version, please complete the take down form located at: http://www.adelaide.edu.au/legals
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This item is only available electronically.