Further Analysis of the Returns to Academic and Vocational Qualifications*

This paper uses data from the Labour Force Survey over the period 1996–2002 to investigate the returns to a detailed list of academic and vocational qualifications. In particular, the analysis focuses on how these returns have varied over the time period considered, how the returns vary over an individual's lifetime using a pseudo cohort analysis, and how the returns vary according to the highest level of qualification obtained at school.