Do the labour market returns to university degrees differ between high and low achieving youth? Evidence from Australia

Marks, Gary N.

doi:10.1186/s12651-018-0241-0

Journal for Labour Market Research

Table 7 Univariate Statistics for Time Variant Variables

From: Do the labour market returns to university degrees differ between high and low achieving youth? Evidence from Australia

Variable	2003		2004		2005		2006		2007		2008		2009		2010		2011		2012		2013
Variable	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean	N	Mean
FT study	10,370	1.00	9378	0.90	8691	0.81	7721	0.56	6658	0.52	6074	0.50	5475	0.38	4903	0.26	4429	0.20	3945	0.14	3741	0.12
Male	10,370	0.51	9378	0.51	8691	0.51	7721	0.51	6658	0.50	6074	0.50	5475	0.50	4903	0.50	4429	0.50	3945	0.50	3741	0.50
Parents’ ESCS (std.)	10,307	− 0.03	9323	− 0.02	8644	− 0.02	7686	− 0.02	6629	− 0.02	6049	− 0.02	5456	− 0.03	4885	− 0.02	4414	− 0.02	3935	− 0.02	3732	− 0.01
PISA test score (std.)	10,370	− 0.05	9378	− 0.05	8691	− 0.05	7721	− 0.06	6658	− 0.06	6074	− 0.06	5475	− 0.06	4903	− 0.07	4429	− 0.06	3945	− 0.05	3741	− 0.05
Year 12 completion	10,370	0.00	9378	0.17	8691	0.71	7721	0.77	6658	0.78	6074	0.78	5475	0.79	4903	0.79	4429	0.80	3945	0.80	3741	0.80
VET certificate III or IV	10,370	0.00	9378	0.00	8691	0.01	7721	0.05	6658	0.09	6074	0.12	5475	0.15	4903	0.17	4429	0.18	3945	0.18	3741	0.27
VET diploma	10,370	0.00	9378	0.00	8691	0.00	7721	0.01	6658	0.05	6074	0.06	5475	0.08	4903	0.08	4429	0.09	3945	0.10	3741	0.12
University degree	10,370	0.00	9378	0.00	8691	0.00	7721	0.00	6658	0.01	6074	0.03	5475	0.13	4903	0.25	4429	0.32	3945	0.38	3741	0.42
Prop. yrs. FT employed	10,370	0.02	9378	0.05	8691	0.08	7721	0.14	6658	0.20	6074	0.23	5475	0.26	4903	0.29	4429	0.32	3945	0.35	3741	0.38
Prop. yrs. unemp. spells	10,370	0.00	9378	0.16	8691	0.19	7721	0.22	6658	0.22	6074	0.21	5475	0.21	4903	0.21	4429	0.21	3945	0.20	3741	0.19
Occupational status (SEI)			593	19.78	1227	20.28	2751	33.51	2548	36.95	2400	38.82	2759	42.31	3082	46.39	3140	50.21	3017	52.44	2936	53.64
Hourly earnings			526	10.04	1111	12.79	2505	14.63	2332	17.44	2161	19.55	2534	21.83	2805	23.28	2848	25.37	2592	27.42	2710	29.61
Weekly earnings			530	361	1113	230	2508	554	2337	695	2170	768	2541	839	2820	914	2856	983	2594	1087	2721	1141
Employed			904	0.67	1648	0.75	3295	0.84	2946	0.86	2747	0.87	3157	0.87	3472	0.89	3471	0.89	3335	0.91	3267	0.90
Unemployed			796	0.24	1501	0.18	3083	0.11	2770	0.08	2597	0.08	3000	0.08	3302	0.06	3311	0.06	3181	0.03	3126	0.04
Employed FT			612	0.41	1255	0.47	2773	0.53	2580	0.63	2423	0.71	2806	0.68	3138	0.73	3178	0.77	3089	0.79	3007	0.78

Weighted for sample selection and attrition
Ns for occupational status, earnings and employed full-time = employed and not in full-time study
N for employed = employed, unemployed and not in the labour force, and not in full-time study
N for unemployed = employed and unemployed, and not in full-time study
All other Ns = number of respondents with completed interviews for that year
Earnings adjusted to 2013 dollars

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