Seminar «Does the university education pay off in Estonian labour market?» presented by Raul Eamets

Presentation and video is available in English. If you need more information in English - please write to lirt@hse.ru.

Speaker: Raul Eamets, Head of the Institute of Economics, University of Tartu and research fellow at IZA

While graduates of real sciences are considered crucial to the development of the knowledge-based economy, most European countries are still characterised by the low proportion of young people studying natural and life sciences. In the article we compare the labour market performance of graduates of real and social sciences to analyse whether there is any evidence of an over-supply of social science graduates. In this study we use the data from Estonian alumni survey 2010 to analyse the labour market positions of young people with different educational backgrounds a year after graduation. Real sciences are defined as natural and life sciences and social sciences as social sciences, economics and law. There is a wage-premium observable between social science and real science graduates only at the master/doctoral level, not in bachelor level.

Presentation