IZA Discussion Papers
July 15, 2021
This paper uses variation in unemployment caused by the 2008 recession to analyse socio- economic gaps in graduate outcomes. Our data comes from a survey which collects information on several cohorts of students from all English universities and reports their destinations at 6 months after graduation. The results show that when students from less advantaged family backgrounds graduate during a recession they are more likely to become unemployed, to work part-time, and to earn less than students from more advantaged families. There is evidence that professional networks established while at university are important in explaining some of these socio-economic gaps in outcomes.
For some, luck matters more: the impact of the great recession on the early careers of graduates from different socio-economic backgroundsEmilia Del Bono, Greta Morando,
Journal Article - 20211011