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The Transition to Work for Italian University Graduates

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  • Pozzoli, Dario

    ()
    (Department of Economics, Aarhus School of Business)

Abstract

This study investigates the hazard of rst job for Italian graduates. The anal- ysis is in particular focused on the transition from university to work, taking into account the graduates' characteristics and the e ects relating to degree subject. It is used a large data set from a survey on job opportunities for the 1998 Italian graduates. The paper employs a non parametric discrete-time single risk models to study employment hazard. Alternative mixing distributions have also been used to account for unobserved heterogeneity. The results obtained indicate that there is evidence of positive duration dependence after a short initial period of negative duration dependence. In addition, competing risk model with unob- served heterogeneity and non parametric baseline hazard have been estimated to characterize transitions out of unemployment.

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Bibliographic Info

Paper provided by University of Aarhus, Aarhus School of Business, Department of Economics in its series Working Papers with number 08-8.

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Length: 48 pages
Date of creation: 18 Apr 2008
Date of revision:
Handle: RePEc:hhs:aareco:2008_008

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Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark
Phone: +45 89 486396
Fax: +45 8615 5175
Web page: http://www.asb.dk/departments/nat.aspx
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Keywords: discrete time survival model; unobserved heterogeneity; competing risk model;

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References

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  1. Heckman, J & Singer, B, 1984. "The Identifiability of the Proportional Hazard Model," Review of Economic Studies, Wiley Blackwell, vol. 51(2), pages 231-41, April.
  2. Albert Rees & Wayne Gray, 1982. "Family Effects in Youth Employment," NBER Chapters, in: The Youth Labor Market Problem: Its Nature, Causes, and Consequences, pages 453-474 National Bureau of Economic Research, Inc.
  3. Michele Pellizzari, 2004. "Do friends and relatives really help in getting a good job?," LSE Research Online Documents on Economics 19980, London School of Economics and Political Science, LSE Library.
  4. Arulampalam, Wiji & Booth, Alison L & Taylor, Mark P, 2000. "Unemployment Persistence," Oxford Economic Papers, Oxford University Press, vol. 52(1), pages 24-50, January.
  5. Bruce D. Meyer, 1988. "Unemployment Insurance And Unemployment Spells," NBER Working Papers 2546, National Bureau of Economic Research, Inc.
  6. Narendranathan, Wiji & Elias, Peter, 1993. "Influences of Past History on the Incidence of Youth Unemployment: Empirical Findings for the UK," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 55(2), pages 161-85, May.
  7. Giorgio Brunello & ´╗┐Lorenzo Cappellari, 2007. "The Labour Market Effects of Alma Mater: Evidence from Italy," "Marco Fanno" Working Papers 0040, Dipartimento di Scienze Economiche "Marco Fanno".
  8. L. Biggeri & M. Bini & L. Grilli, 2001. "The transition from university to work: a multilevel approach to the analysis of the time to obtain the first job," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 164(2), pages 293-305.
  9. Lynch, Lisa M., 1985. "State dependency in youth unemployment : A lost generation?," Journal of Econometrics, Elsevier, vol. 28(1), pages 71-84, April.
  10. Omori, Yoshiaki, 1997. "Stigma Effects of Nonemployment," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 394-416, April.
  11. Heckman, James & Singer, Burton, 1984. "A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data," Econometrica, Econometric Society, vol. 52(2), pages 271-320, March.
  12. Luigi Pistaferri, 1999. "Informal Networks in the Italian Labor Market," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 58(3-4), pages 355-375, December.
  13. Van den Berg, Gerard J., 2000. "Duration Models: Specification, Identification, and Multiple Durations," MPRA Paper 9446, University Library of Munich, Germany.
  14. Nickell, Stephen J, 1979. "Estimating the Probability of Leaving Unemployment," Econometrica, Econometric Society, vol. 47(5), pages 1249-66, September.
  15. Jenkins, Stephen P, 1995. "Easy Estimation Methods for Discrete-Time Duration Models," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 57(1), pages 129-38, February.
  16. Lancaster, Tony, 1979. "Econometric Methods for the Duration of Unemployment," Econometrica, Econometric Society, vol. 47(4), pages 939-56, July.
  17. Thomas A. Mroz & Timothy H. Savage, 2006. "The Long-Term Effects of Youth Unemployment," Journal of Human Resources, University of Wisconsin Press, vol. 41(2).
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Cited by:
  1. S. Baert & B. Cockx, 2013. "Pure Ethnic Gaps in Educational Attainment and School to Work Transitions. When Do They Arise?," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 13/832, Ghent University, Faculty of Economics and Business Administration.
  2. Manuel Bagues & Mauro Sylos Labini & Natalia Zinovyeva, 2008. "Differential Grading Standards and University Funding: Evidence from Italy," Working Papers 2008-07, FEDEA.

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