Staying on in Full-Time Education: The Educational Participation Rate of 16-Year-Olds

Abstract

This paper presents a time-series analysis of the socioeconomic factors influencing the propensity of sixteen-year-olds to stay on in full-time education in England and Wales. The econometric methodology employed relies on cointegration 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. Copyright 1991 by The London School of Economics and Political Science.

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