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Staying on in Full-Time Education: The Educational Participation Rate of 16-Year-Olds
Keith Whitfield and R. A. Wilson
New Series, Vol. 58, No. 231 (Aug., 1991), pp. 391-404
Published by: Wiley on behalf of The London School of Economics and Political Science and The Suntory and Toyota International Centres for Economics and Related Disciplines
Stable URL: http://www.jstor.org/stable/2554824
Page Count: 14
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This paper presents a time series analysis of the socio-economic factors influencing the propensity of 16-year-olds to stay on in full-time education in England and Wales. The econometric methodology employed relies on co-integration and `general to specific' techniques. The results suggest that the main factors influencing staying on are the rate of return to education, changing social class structure, unemployment rates and the introduction of special employment and training measures such as the Youth Training Scheme.
Economica © 1991 London School of Economics