Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/108466 
Year of Publication: 
2011
Series/Report no.: 
Budapest Working Papers on the Labour Market No. BWP - 2011/3
Publisher: 
Hungarian Academy of Sciences, Institute of Economics, Budapest
Abstract: 
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, we 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 withinoccupation college wage premia; we 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 NUTS-4 districts in the Czech Republic, Hungary and Slovakia suggest a positive relationship, thus supporting the presence of an endogenous influence of the number of skilled workers on the demand for them.
Subjects: 
education
labor demand
college degree supply
occupational allocation
productivity spillovers
JEL: 
I28
J24
ISBN: 
978-615-5024-51-1
Document Type: 
Working Paper

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