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Title: Equality of opportunity and the expansion of higher education in the UK
Authors: Carrieri, Vincenzo
Davillas, Apostolos
Jones, Andrew M.
Type: Article
Subjects: FRASCATI::Social sciences::Economics and Business
FRASCATI::Social sciences
Keywords: equality of opportunity
higher education
entropy balancing
high dimensional fixed effects
Issue Date: 2023
Publisher: WILEY
Source: Review of Income and Wealth
Volume: 69
Issue: 4
First Page: 861
Last Page: 885
Abstract: Using nine waves of data from Understanding Society (UKHLS), we study the expansion of higher education in the UK and its consequences for levels of and inequalities in income, physical and mental health. University expansion was characterized by a large increase in the proportion of graduates, with higher rates of graduation among individuals from more advantaged socioeconomic backgrounds. Having controlled for birth cohort and lifecycle effects, there is evidence of significant inequality of opportunity (IOp) in the actual outcomes. However, comparing actual outcomes with counterfactual projections, that freeze the likelihood of university graduation and the joint distribution of graduation and circumstances to the pre-1963 levels, we do not detect an impact of the expansion of higher education on IOp in income and only small reductions in IOp in physical and mental health.
ISSN: 0034-6586
Other Identifiers: 10.1111/roiw.12613
Appears in Collections:Department of Economics

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