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The Relationship Between Higher Education and Labour Market in Greece: the Weakest Link?

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  • Livanos, Ilias

Abstract

The high level of graduate unemployment, even though has been acknowledged as one of the most distinctive characteristics of the Greek labour market, has not attracted enough attention in the academic literature. This paper utilizes the recently available micro-data from the Greek Labour Force Survey in order to investigate how the employment situation of young (aged 35 and below) graduates varies according to their field of study. The findings suggest that graduates of disciplines that have high levels of private sector employment, such as Polytechnics and Computer Science, are in general better off in the Greek labour market. On the other hand, graduates of disciplines that are traditionally related to the needs of the public sector, such as Sociology and Humanities face poor employment prospects. The findings of this study highlight the need for drastic reforms of the Higher Education system.

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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 16239.

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Date of creation: 13 Jul 2009
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Handle: RePEc:pra:mprapa:16239

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Keywords: graduate unemployment; Greece; higher education; field of study; labour market;

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  1. Ludger W��mann, 2003. "European education production functions: what makes a difference for student achievement in Europe?," European Economy - Economic Papers, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission 190, Directorate General Economic and Monetary Affairs (DG ECFIN), European Commission.
  2. Costas Kanellopoulos, 1997. "Public-private wage differentials in Greece," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 29(8), pages 1023-1032.
  3. Ilias Livanos, 2007. "The incidence of long-term unemployment: evidence from Greece," Applied Economics Letters, Taylor & Francis Journals, Taylor & Francis Journals, vol. 14(6), pages 405-408.
  4. Ilias Livanos, 2010. "The Wage-Local Unemployment Relationship in a Highly Regulated Labour Market: Greece," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 44(4), pages 389-400.
  5. Smith, Jeremy & McKnight, Abigail & Naylor, Robin, 2000. "Graduate Employability: Policy and Performance in Higher Education in the UK," Economic Journal, Royal Economic Society, Royal Economic Society, vol. 110(464), pages F382-411, June.
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Cited by:
  1. Pouliakas, Konstantinos, 2014. "A Balancing Act at Times of Austerity: Matching the Supply and Demand for Skills in the Greek Labour Market," IZA Discussion Papers 7915, Institute for the Study of Labor (IZA).

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