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Human capital and social position in Britain: creating a measure of wage-earning potential from BHPS data

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  • Yee Kan, Â Man
  • Gershuny, Jonathan

Abstract

This paper develops a continuously scaled indicator of social position (the Essex Score), which is estimated as individuals' potential wage in the labour market. The Essex Score is designed as a tool to investigate patterns of differentiation in life chances. It is constructed based on individuals' educational qualifications, recent experience in employment and non-employment, and occupational attainment using data from all the currently available 13 waves of the British Household Panel Survey. The Essex Score represents those embodied economic resources salient to individuals' participation in the labour market, equivalent to 'human capital' in economic literature, and sometimes indicated by social class categories in sociological research. It has advantages over other social class measures. Being based on educational levels and on degrees of present and past attachment to the labour market as well as on present or previous occupational membership, it covers the entire adult population irrespective of their employment status and employment history. Its continuous level measurement also allows aggregation of scores from an individual to a household level, as well as the sensitive investigation of the determinants and consequences of changes in social position during the life course.

Suggested Citation

  • Yee Kan, Â Man & Gershuny, Jonathan, 2006. "Human capital and social position in Britain: creating a measure of wage-earning potential from BHPS data," ISER Working Paper Series 2006-03, Institute for Social and Economic Research.
    • Handle: RePEc:ese:iserwp:2006-03
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    File URL: https://www.iser.essex.ac.uk/wp-content/uploads/files/working-papers/iser/2006-03.pdf
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    References listed on IDEAS

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    1. James J. Heckman, 1976. "The Common Structure of Statistical Models of Truncation, Sample Selection and Limited Dependent Variables and a Simple Estimator for Such Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 5, number 4, pages 475-492, National Bureau of Economic Research, Inc.
    2. Gershuny, Jonathan, 2002. "A new measure of social position: social mobility and human capital in Britain," ISER Working Paper Series 2002-02, Institute for Social and Economic Research.
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    Cited by:

    1. Tania Burchardt, 2008. "Time and Income Poverty," CASE Reports casereport57, Centre for Analysis of Social Exclusion, LSE.
    2. repec:rdg:wpaper:em-dp2011-03 is not listed on IDEAS
    3. Jérôme De Henau, 2008. "Asymetric power within couples: the gendered effect of children and employment on entitlement to household income," Brussels Economic Review, ULB -- Universite Libre de Bruxelles, vol. 51(2/3), pages 269-290.
    4. Marina Della Giusta & Nigar Hashimzade & Sarah Jewell, 2011. "Why Care? Social Norms, Relative Income and the Supply of Unpaid Care," Economics Discussion Papers em-dp2011-03, Department of Economics, University of Reading.
    5. Man Yee Kan, 2008. "Does gender trump money? Housework hours of husbands and wives in Britain," Work, Employment & Society, British Sociological Association, vol. 22(1), pages 45-66, March.

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