INTERGENERATIONAL OCCUPATIONAL CHOICE COMPARISONS - THE CASE OF TEACHERS IN THE UK

This paper examines how UK graduate occupational choices have changed since 1970, with reference to the choice of becoming a teacher using t wo cohorts of data. Remuneration, morale, status and image of the teac hing profession have been altered dramatically. The sensitivity of the teacher choice to relative wage changes is examined and compared for men and women separately. The paper presents a counterfactual predicti on of the decisions which each cohort would have made had they experie nced the market conditions of the other and estimates a decomposition of the changes in the average probabilities due to remunerative and ot her factors.