Finanční a nefinanční návratnost vzdělání v době vzdělanostní expanze v České republice

• Authors: Tomáš Doseděl , Tomáš Katrňák

Title variants

EN

Economic and Non-economic Returns to Higher Education during a Period of Educational Expansion in the Czech Republic

• Languages of publication: CS

Abstracts

EN

The article explores returns to education during a period of educational expansion in the Czech Republic. The authors analyse the consequences of the educational expansion that occurred between 2000 and 2014 and its effect on economic and non-economic returns to education. The number of people with a university degree almost doubled between 2000 and 2014 in the Czech Republic. It is analysed whether this caused an inflation of education at the Czech labour market, or whether highly educated people are still employable in prestigious and well-paid jobs due to technological changes. The data used in the analysis are drawn from the Czech Labour Force Survey and the Survey of Average Earnings in the Czech Republic. Both sources support the theory of technological change over the theory of inflation of education. In the Czech Republic, returns to education did not decrease but slightly increased during the period analysed. The Czech labour market is undergoing technological changes. It is therefore not yet sufficiently saturated with university-educated employees and it was capable of offering them jobs with appropriate socioeconomic status, adequate job security, and a substantially higher salary both during and after the period of educational expansion.

Keywords

EN

returns to education; educational expansion; inflation of education; technological change; human capital

Discipline

• SOCIOLOGY: SOCIOLOGY

• Publisher: Institute of Sociology, Czech Academy of Sciences
• Journal: Sociologický časopis. Czech Sociological Review
• Year: 2017
• Volume: 53
• Issue: 5
• Pages: 693-718
• Document type: ARTICLE

Contributors

author

Tomáš Doseděl

author

Tomáš Katrňák

• Katedra sociologie, Fakulta sociálních studií, Masarykova univerzita, Joštova 10, 602 00 Brno, Czech Republic

Identifiers

DOI

10.13060/00380288.2017.53.5.361