The knowledge and skills of economics graduates and their significance on the labour market

Heijke, Hans; Ramaekers, G.W.M.

doi:10.1007/978-94-011-5204-4_14

Cited by 10 publications

(11 citation statements)

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“…For instance, Green (1998), Stasz (2001), Green et al (2001), McIntosh and Vignoles (2001), and Shaughnessy, Levine and Cappelli (2001) have done research into the labour market value of particular work skills, which can be seen as a more accurate and reliable way for estimating individual labour market capacities. In line with this, Heijke and Ramaekers (1998) elaborated on the labour market importance of particular types of knowledge and skills of economics graduates. Furthermore, Heijke, Koeslag, and van der Velden (1998) explored to what extent experienced deficiencies in the preparation for occupations with respect to both the more generic and the more occupation-specific skills affect the earnings level in the labour market.…”

Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 95%

“…In line with this, Heijke and Ramaekers (1998) elaborated on the labour market importance of particular types of knowledge and skills of economics graduates. Furthermore, Heijke, Koeslag, and van der Velden (1998) explored to what extent experienced deficiencies in the preparation for occupations with respect to both the more generic and the more occupation-specific skills affect the earnings level in the labour market.…”

Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 95%

“…In this paper, we will follow in particular the line of research as set out by Green (1998), and Heijke and Ramaekers (1998) and try to gain insight into the role of three types of skills in the labour market, namely field-specific skills, management skills, and general academic skills, and their pay-off. Before discussing the actual setting and the hypotheses to be tested, we will state some theoretical notions, firstly with respect to the labour market and secondly with respect to the process of generating human capital competences in the higher education system, thus creating the theoretical context of this analysis.…”

Section: Hypotheses and Set-upmentioning

confidence: 99%

“…However, in today's knowledge economy with its emphasis on continuous learning, these kinds of indicators are no longer sufficient for measuring or predicting career success. Allen and van der Velden (2001) Heijke, Koeslag, and van der Velden (1998). Furthermore, approaching the topic by usage of courses, one has to be careful with direct conclusions on general academic skills and field-specific skills.…”

Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 99%

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An investigation into the role of human capital competences and their pay‐off

Heijke

Meng

Ramaekers

2003

International Journal of Manpower

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In this paper, the role of three different types of competences in the labour market for higher education graduates is investigated. The article distinguishes discipline‐specific competences, general academic competences and management competences, the first being an example of competences acquired at school, which are of direct use in the labour market, the second being a type of competences also acquired in school, but which fulfil an indirect role by facilitating the acquisition of new competences after graduation from school, and the third, management competences, being an example of competences acquired mainly in a working context and, like discipline‐specific competences, being of direct use in that context. This paper shows that, first, the level of discipline‐specific competences obtained in higher education offers a comparative advantage for graduates working inside the own discipline‐specific domain, and therefore has a pay‐off for those graduates who are able to find a job in this domain; second, the management competences are valued in the labour market but seem to be more likely acquired in a working context than in higher education, and third, the general academic competences acquired in higher education do not pay off directly, but have a significant supportive role when learning competences that have a direct pay‐off in the labour market, like management competences, but are more likely acquired outside education.

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Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 95%

Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 95%

Section: Hypotheses and Set-upmentioning

confidence: 99%

Section: Sees That "The Important Substantive Aims Of Higher Educatiomentioning

confidence: 99%

See 2 more Smart Citations

An investigation into the role of human capital competences and their pay‐off

Heijke

Meng

Ramaekers

2003

International Journal of Manpower

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“…Heijke & Ramaekers [43] stated that the development of knowledge and competence through education is an investment in human capital to enhance individual productivity and to generate profits in the labor market. In addition, García-Aracil & Van der Velden [44] suggested that reaching a higher standard in competence leads to a higher job satisfaction of the graduates and subsequently, to greater productivity.…”

Section: Literature Reviewmentioning

confidence: 99%

Identifying the Virtuous Circle of Humanity Education and Post-Graduate Employment: Evidence from a Confucian Country

Baek

Cho

2018

Sustainability

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Abstract:As education for sustainable development receives continuing attention, universities provide regular courses, education programs, and individual activities on human rights, diversity, and corporate responsibilities. This study conducts an empirical analysis of a virtuous circle between experience in extracurricular programs as part of humanity education and performance in the labor market based on Education-Career matched data of 15,180 students who graduated from one of the Confucian-based universities between 2008 and 2015. The analysis found that employment is positively affected by not only grades but also extracurricular activities related to humanities, such as completion of an education and practice course on etiquette and social service activities. These findings are significant in verifying that the level of refinement of university students and their participation in social volunteering can have positive effects on employment, thereby leading to the sustainability of a virtuous circle between education and social and economic activities. Therefore, universities should formulate an educational system that integrates expertise, human growth, equality, and human rights, and firms should establish a specific employment manual to identify the invisible characteristics of job seekers to facilitate the sustainability of a virtuous circle between education and social and economic activities.

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Bridging the skills gap: the search for powerful skills, tools and techniques

Brandsma¹,

Nijhof²

1999

Bridging the Skills Gap Between Work and Education

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The knowledge and skills of economics graduates and their significance on the labour market

Cited by 10 publications

References 1 publication

An investigation into the role of human capital competences and their pay‐off

An investigation into the role of human capital competences and their pay‐off

Identifying the Virtuous Circle of Humanity Education and Post-Graduate Employment: Evidence from a Confucian Country

Bridging the skills gap: the search for powerful skills, tools and techniques

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