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The Impact of Bologna Process on the Graduate Labour Market: Demand and Supply

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Author Info

  • Bosio, Giulio

    ()
    (University of Milan)

  • Leonardi, Marco

    ()
    (University of Milan)

Abstract

The Bologna process inspired the Italian 3+2 reform of the university system which constitutes a big increase in the supply of college graduates. This paper is a preliminary attempt to identify the effects of the reform on (i) the relative probability (relative to non-graduates) of employment of college graduates in the age range 25-34; (ii) their quality of employment measured with the relative probability of being employed with a temporary contract; (iii) the college wage premium. Using administrative data to identify the gradual introduction of the reform in different universities, we find that the reform increases significantly the relative employment of graduates except for women in the South where the rapid increase of female post-reform graduates has not been absorbed by the weak labour market. Finally we find that post-reform college graduates have a significantly lower college premium with respect to high school graduates than pre-reform graduates.

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Bibliographic Info

Paper provided by Institute for the Study of Labor (IZA) in its series IZA Discussion Papers with number 5789.

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Length: 47 pages
Date of creation: Jun 2011
Date of revision:
Publication status: published as 'The impact of Bologna process on the graduate': in: Giornale degli economisti, 2010, 69 (3), 29-66
Handle: RePEc:iza:izadps:dp5789

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Keywords: college wage premium; college attainment; university reforms;

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References

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  1. Gabriele Ballarino & Massimiliano Bratti, 2009. "Field of Study and University Graduates' Early Employment Outcomes in Italy during 1995-2004," LABOUR, CEIS, CEIS, vol. 23(3), pages 421-457, 09.
  2. Paolo Naticchioni & Andrea Ricci, 2009. "Decreasing Wage Inequality in Italy: The Role of Supply and Demand for Education," Working Papers - Dipartimento di Economia 9-DEISFOL, Dipartimento di Economia, Sapienza University of Rome, revised 2009.
  3. Cappellari, Lorenzo & Lucifora, Claudio, 2008. "The 'Bologna process' and College enrolment decisions," ISER Working Paper Series 2008-16, Institute for Social and Economic Research.
  4. Giorgio Brunello & Lorenzo Cappellari, 2005. "The Labour Market Effects of Alma Mater: Evidence from Italy," CHILD Working Papers, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY wp05_05, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
  5. Jo Blanden & Stephen Machin, 2013. "Educational Inequality and The Expansion of UK Higher Education," Scottish Journal of Political Economy, Scottish Economic Society, vol. 60(5), pages 578-596, November.
  6. Lorenzo Cappellari & Carlo Dell'Aringa & Marco Leonardi, 2010. "Flexible Employment, Job Flows and Labour Productivity," DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE) ieil0060, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  7. Cardoso, Ana Rute & Portela, Miguel & Sá, Carla & Alexandre, Fernando, 2006. "Demand for Higher Education Programs: The Impact of the Bologna Process," IZA Discussion Papers 2532, Institute for the Study of Labor (IZA).
  8. Alfonso Rosolia & Roberto Torrini, 2007. "The generation gap: relative earnings of young and old workers in Italy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 639, Bank of Italy, Economic Research and International Relations Area.
  9. Giorgio Di Pietro & Andrea Cutillo, 2006. "University Quality and Labour Market Outcomes in Italy," LABOUR, CEIS, CEIS, vol. 20(1), pages 37-62, 03.
  10. Massimiliano Bratti & Daniele Checchi & Guido de Blasio, 2008. "Does the expansion of higher education increase the equality of educational opportunities? Evidence from Italy," Temi di discussione (Economic working papers), Bank of Italy, Economic Research and International Relations Area 679, Bank of Italy, Economic Research and International Relations Area.
  11. Massimiliano BRATTI & Chiara BROCCOLINI & Stefano STAFFOLANI, 2010. "Higher education reform, student time allocation and academic performance in Italy: Evidence from a Faculty of Economics," Rivista Italiana degli Economisti, SIE - Societa' Italiana degli Economisti (I), vol. 15(2), pages 275-304, August.
  12. Janet Currie & Enrico Moretti, 2003. "Mother'S Education And The Intergenerational Transmission Of Human Capital: Evidence From College Openings," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 118(4), pages 1495-1532, November.
  13. Paolo Buonanno & Dario Pozzoli, 2009. "Early Labour Market Returns to College Subject," LABOUR, CEIS, CEIS, vol. 23(4), pages 559-588, December.
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  15. 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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Cited by:
  1. Carolina Castagnetti & Silvia Dal Bianco & Luisa Rosti, 2011. "Shortening university career fades the signal away. Evidence from Italy," Quaderni di Dipartimento, University of Pavia, Department of Economics and Quantitative Methods 146, University of Pavia, Department of Economics and Quantitative Methods.
  2. Fabio Berton & Daniele Bondonio, 2014. "The Impact of Degree Duration on Higher Education Participation: Evidence from a Large-Scale Natural Experiment," LABORatorio R. Revelli Working Papers Series 137, LABORatorio R. Revelli, Centre for Employment Studies.

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