In this episode of Policy Matters, hosts Franz Buscha and Matt Dickson discuss a non-COVID-19 policy topic that has been prominent in recent months following the recent Black Lives Matter protests: the ethnic inequalities that exist in socio-economic outcomes in the UK. Examining the issue from an academic viewpoint, Franz initially explains how labour economists define discrimination and how theoretically classical economics would expect labour market discrimination on the basis of race or gender to be eliminated by market forces. Matt and Franz go on to discuss how reality clashes with this theory, setting out the extent of contemporary ethnic and gender pay inequalities and some of the issues with analysis that seeks to explain away the large differences in pay between men and women and between white workers and those of other ethnicities. The discussion continues by looking at studies directly highlighting discrimination in hiring in both the UK and the US, before concluding with thoughts on what policymakers could do to address these longstanding inequalities.
In this episode of Policy Matters, hosts Franz Buscha and Matt Dickson discuss the recently published ‘Augar Review’ of Post-18 education and funding; explaining what it is, how it came about, and what the main recommendations are. Franz and Matt consider the impact changes the HE funding system might have on students, in particular whether this would be a good or bad thing for social mobility, and whether or not politics may intervene to prevent these recommendations being implemented in any case. In light of recent public debate around whether social mobility should even be a policy objective, the discussion moves on to considering what social mobility entails and how it relates to the broader concept of social justice.
In this first episode of the new series of Policy Matters, hosts Franz Buscha and Matt Dickson spent some time reflecting back on their previous guests and discuss some of the key messages that each episode brought up. Why is social mobility important? Are grammar schools good for social mobility? Are there upsides to vocational education and why should HE students take care when selecting degrees? Both Matt and Franz highlight particular lessons learned and how they relate to current policy. Franz and Matt then look forward to this new season of Policy Matters and discuss topics such as health, crime, gender and happiness that will be explored in more detail in future episodes.
In this episode of Policy Matters, host Matt Dickson talks to Laura van der Erve from the Institute for Fiscal Studies about the merits of doing a university degree, and what recent evidence suggests are the relative labour market returns to degrees in different subjects at different institutions. With almost 50% of young people in England going on to Higher Education, and with tuition fees of £9,250 for most courses, it has never been more important to understand the impact on earnings of studying different subjects and at different HE institutions. Laura describes recent research from the IFS looking at graduate outcomes and explains some of the difficulties in pinning down the impact of a particular course on later earnings and employment. They then discuss social gradients in attending university and the extent to which inequalities have been impacted by changes in tuition fees. Finally, talk turns to thinking about the sorts of things students need to know in advance in order to make an informed decision about where to apply and what to study, how the government can help with this, and the limits of information provision as a policy.