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How Master's Level Graduates Fare On The Labor Market: 'Objective' and 'Subjective' Measurement

Author

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  • Philippe Cordazzo

    (SAGE - Sociétés, Acteurs, Gouvernement en Europe - UNISTRA - Université de Strasbourg - CNRS - Centre National de la Recherche Scientifique)

  • Magali Jaoul-Grammare

    (BETA - Bureau d'Économie Théorique et Appliquée - INRA - Institut National de la Recherche Agronomique - UNISTRA - Université de Strasbourg - UL - Université de Lorraine - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper investigates the integration of French master's level graduates on the labor market according to social and human capital based on 'objective' and 'subjective' measurement. The objective measurement focuses on the individuals' trajectory on the labor market whereas the subjective measurement is concerned with their opinion on their professional situation. We use data extracted from Cereq's 'Generation 2004' survey on the employment of new graduates with a master's level or higher diploma. Our findings show that when human capital is measured objectively, the better-endowed individuals fare better on the labor market. Conversely, social capital is a discriminating factor when the subjective dimension is considered. We also evidence gender-related disparities.

Suggested Citation

  • Philippe Cordazzo & Magali Jaoul-Grammare, 2015. "How Master's Level Graduates Fare On The Labor Market: 'Objective' and 'Subjective' Measurement," Working Papers halshs-01101020, HAL.
    • Handle: RePEc:hal:wpaper:halshs-01101020
    Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-01101020v1
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    References listed on IDEAS

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    1. Saziye Gazioglu & Aysit Tansel, 2006. "Job satisfaction in Britain: individual and job related factors," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1163-1171.
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    3. Clark, Andrew E., 1997. "Job satisfaction and gender: Why are women so happy at work?," Labour Economics, Elsevier, vol. 4(4), pages 341-372, December.
    4. Thierry Berthet & Isabelle Borras & Gérard Boudesseul & Cyril Coinaud & Yvette Grelet & Agnès Legay & Claudine Romani & Céline Vivent, 2008. "Les choix d'orientation à l'épreuve du temps," Post-Print halshs-00325493, HAL.
    5. Daniel Kahneman & Alan B. Krueger, 2006. "Developments in the Measurement of Subjective Well-Being," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 3-24, Winter.
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    Cited by:

    1. Simionescu Mihaela & Naroș Maria-Simona, 2019. "The Unemployment of Highly Educated People in Romania. A Panel VAR Approach," Studia Universitatis „Vasile Goldis” Arad – Economics Series, Sciendo, vol. 29(3), pages 20-37, September.

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