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Beyond a Human Capital Approach to Education and the Labour Market: The Case for Industrial Policy

Phillip Brown, Sin Yi Cheung, and Hugh Lauder

in New Perspectives on Industrial Policy for a Modern Britain

Published in print:
2015
Published Online:
August 2015
ISBN:
9780198706205
eISBN:
9780191775307
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198706205.003.0011
Subject:
Economics and Finance, Public and Welfare, Macro- and Monetary Economics

This chapter argues that human capital theory cannot provide the policy guidance required to address the problems of graduate underemployment and the dispersion of graduate incomes. These problems ... More


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