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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. 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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  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.
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  12. 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.
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  16. repec:ese:iserwp:2008-16 is not listed on IDEAS
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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 146, University of Pavia, Department of Economics and Quantitative Methods.

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