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For some, luck matters more: the impact of the great recession on the early careers of graduates from different socio-economic backgrounds

Del Bono, Emilia and Morando, Greta (2022) 'For some, luck matters more: the impact of the great recession on the early careers of graduates from different socio-economic backgrounds.' Oxford Economic Papers, 74 (3). pp. 869-893. ISSN 0030-7653

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Abstract

This article uses variation in unemployment caused by the 2008 UK recession to analyse socio-economic gaps in graduate outcomes. Our data come from a survey that 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 graduating in a recession, students from less advantaged family backgrounds 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.

Item Type: Article
Uncontrolled Keywords: I24; I26; J23; J24
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Institute for Social and Economic Research
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 05 Nov 2021 13:50
Last Modified: 18 Aug 2022 12:34
URI: http://repository.essex.ac.uk/id/eprint/31425

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