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Article
Publication date: 26 May 2020

Leszek Wincenciak

The purpose of this study is to provide the estimates of returns to schooling using consistent methodology and comparable set of data for a long time horizon for a country…

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Abstract

Purpose

The purpose of this study is to provide the estimates of returns to schooling using consistent methodology and comparable set of data for a long time horizon for a country undergoing economic transition. Second, the paper aims to verify if returns to schooling in Poland were pro-cyclical or counter-cyclical.

Design/methodology/approach

The paper is based on the human capital theory in estimating the wage returns to years of schooling controlling additionally for unemployment rates at a regional level. Data come from a collection of Polish individual LFS waves for the period 1995–2017.

Findings

Returns to schooling in Poland were increasing until 2006 and declining afterwards unveiling the supply side effects domination. The estimates suggested counter-cyclicality of returns in Poland.

Research limitations/implications

Using LFS data made it impossible to control for ability bias therefore it is possible that the estimates are somewhat biased (the literature however suggests that the extent of the bias is likely to be small). It might still be argued that using consistent methodology for the whole period of analysis still offers valuable insight into returns evolution.

Originality/value

This paper finds a reversal of returns trend after 2006 suggesting the period after accession to EU exhibited a supply side effect domination. The findings on counter-cyclicality of returns to education in Poland have not yet been documented in the literature.

Details

International Journal of Manpower, vol. 41 no. 8
Type: Research Article
ISSN: 0143-7720

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Article
Publication date: 1 July 2014

Tomasz Gajderowicz, Gabriela Grotkowska and Leszek Wincenciak

– The purpose of this paper is to address the problem of job satisfaction determinants of higher education graduates across six selected study domains.

2284

Abstract

Purpose

The purpose of this paper is to address the problem of job satisfaction determinants of higher education graduates across six selected study domains.

Design/methodology/approach

Based on the theoretical considerations, derived from human capital theory and signalling theory, the authors formulate the model explaining job satisfaction as a broad measure of labour market success. Explanatory variables include various socio-demographic characteristics as well as market environment and process of learning, modes of teaching and study programme characteristics. Data used in the analysis comes from two special surveys of European research projects REFLEX and HEGESCO. Principal component analysis method and OLS regression were used to estimate model parameters.

Findings

The results of our research show the important role of characteristics of educational process, as well as individual graduates’ early work-related experience in predicting job satisfaction. Differences in job satisfaction determinants across domains may be to some extent explained by the differences in the labour market characteristics for graduates in given discipline. Variety of education-related characteristics taken into account in the empirical analysis of determinants of job satisfaction is a key valuable contribution to the research in the field.

Originality/value

Research findings indicate the areas of potential actions aimed at improving future job satisfaction which can be undertaken by higher education institutions’ management bodies.

Details

International Journal of Manpower, vol. 35 no. 4
Type: Research Article
ISSN: 0143-7720

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