The Wider Benefits of Education and Training

The Wider Benefits of Education and Training

98 Pages · 2008 · 498 KB · English

Department for Work and Pensions. Research Report No 178. Corporate Document Services. The wider benefits of education and training: a comparative longitudinal study. Peter Elias, Terence Hogarth and Gaëlle Pierre. A report of research carried out by Warwick Institute for Employment Research on 

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Department for Work and Pensions Research Report No 178 Corporate Document Services The wider benefits of education and training: a comparative longitudinal study Peter Elias, Terence Hogarth and Gaëlle Pierre A report of research carried out by Warwick Institute for Employment Research on behalf of the Department for Work and Pensions © Crown Copyright 2002 Published for the Department for Work and Pensions under licence from the Controller of Her Majesty’s Stationery Office by Corporate Document Services, Leeds Application for reproduction should be made in writing to The Copyright Unit, Her Majesty’s Stationery Office, St Clements House, 216 Colegate, Norwich NR3 1BQ First Published 2002 ISBN 1 84123 517 2 Views expressed in this report are not necessarily those of the Department for Work and Pensions or any other Government Department Printed by The Charlesworth Group (Huddersfield, UK) iii Contents Acknowledgements vii Summary 1 1 Introduction 7 11 Aims of the study 7 12 Understanding wellbeing 8 13 Education, training, employability and wellbeing 9 14 Structure of the report 10 2 Employability and wellbeing: a review of findings 11 21 Introduction 11 22 The concept of employability 13 221 The core concept 13 222 Reviewing the concept 14 223Extending the concept 14 23 Economics of employability 16 231Unemployment and employability 16 232Sustaining employment and occupational mobility 17 233Earnings, education and training 18 234 Macroeconomic impact 18 235Microeconomic impact: individuals 19 236Microeconomic impact: employers 22 24 Employability and wellbeing 23 241 Job satisfaction 23 242Returns to society 25 243Family background, employability and wellbeing 26 25 Conclusion: what is measurable? 26 Contents iv Contents 3 Comparative longitudinal analyses: the 1958 and 1970 birth cohorts 29 31 Introduction 29 32 Studying the relationships between education, training, employability and wellbeing 29 33 The data modelling strategy 30 34 A descriptive comparison of the birth cohorts 31 35 Multivariate analysis of the links between employment, education and training 38 36 Discussion on the roles of education and training 44 4 Conclusion47 Appendix A The measurement of wellbeing and employability in NCDS and BCS70 49 Appendix B Details of the specification of regression models 55 Appendix C Tables of results 57 Other research reports available 83 List of tables Table 31 Main characteristics of survey respondents, by gender and birth cohort 32 Table 32 Education and family resources 36 Table 33 Education and work history 37 Table 34 Wellbeing and work history 38 Table 35 Marginal effects in percentage points (Men) 39 Table 36 Marginal effects in percentage points (Women) 40 Table 37 Predicted probabilities (Men) 41 Table 38 Predicted probabilities (Women) 42 Table C1 Employment probability (Men) 57 Table C2 Employment probability (Women) 59 Table C3Earnings (Men) 61 Table C4Earnings (Women) 63 Table C5 Earnings women (Heckman correction) 66 Table C6 Malaise (Men) 69 Table C7Malaise (Women) 70 Table C8 Life satisfaction (Men) 73 Table C9 Life satisfaction (Women) 74 v Contents List of figures Figure 31 A stylised view of the relationship between family resources, education, training and employment and wellbeing 30 Figure 32 The distribution of Malaise Inventory scores for young men, NCDS (age 33 in1991) compared with BCS (age 29 in 1999) 34 Figure 33 The distribution of Malaise Inventory scores for young women, NCDS (age 33 in1991) compared with BCS (age 29 in 1999) 35 Figure 34 The distribution of life satisfaction scores for young men, NCDS (age 33 in1991) compared with BCS (age 29 in 1999) 35 Figure 35 The distribution of life satisfaction scores for young women, NCDS (age 33 in1991) compared with BCS (age 29 in 1999) 36 Figure 36 Distribution of annual gross earnings in 1999 of male and female graduates aged 29 years full time employees only 43 vii Acknowledgements Acknowledgements We wish to acknowledge the assistance we have received from the Centre for Longitudinal Studies at the Institute of Education with access to and queries regarding the birth cohort studies Special thanks are due to Peter Shepherd for providing the 1999/2000 survey datasets early in 2001, facilitating time for the detailed analysis shown in this report We would like to thank

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