One Body and Two Sides:Inhibition and Promotion Effect of Higher Education Expansion on College/University Graduates'Employment
Based on the data provided by the Chinese Family Panel Studies(CFPS)and the National Statistical Yearbook from 2010 to 2020,this paper empirically studies the impact of Chinese higher education expansion on college/university graduates'future employment by using a birth cohort DID model.It is found that,from the perspective of middle and later career,the expansion of higher education on the employment of graduates has two sides.On the hand,the expansion can significantly promote the full employment of college/university graduates in term of quantity;on the other hand,the expansion level has a U-shaped curve relationship with the employment quality,that is,an inhibition effect first and promotion effect later.The differentiation of academic degree structure and professional structure in higher education under the expansion of higher education has brought significant differences to the graduates'employment.This long-term employment effect generated by higher education expansion has significant gender,urban-rural and regional heterogeneity.The effects are positively regulated by socioeconomic factors such as urbanization level,per capita GDP and tertiary industry development.Our findings have important policy implications:we must firmly adhere to the strategy of human capital investment in higher education and take the road of"quality expansion";while strengthening the employment-first policy,we should pay attention to the coordination of various policies and strive to build a value-added evaluation and tracking monitoring system for the whole process of education from"school education to labor market";further build a sound environmental foundation for the realization of high-quality and full employment of college graduates.
higher education expansioncollege/university graduatesemployment qualityhigh-quality and full employment
NETL
NSTL
万方数据
