IDEAS home Printed from https://ideas.repec.org/a/taf/apeclt/v13y2006i8p511-518.html
   My bibliography  Save this article

The efficacy of university training programmes: a semi-parametric Bayesian approach

Author

Listed:
  • Pilar Olave
  • Manuel Salvador

Abstract

A semi-parametric Bayesian methodology based on Cox's proportional hazards model is proposed in order to evaluate the efficacy of training programmes offered by the University of Zaragoza (Spain) in the labour market insertion process. To this end, a matched comparison group has been designed in which university students completing vocational training courses are compared with eligible non-participants especially chosen for their similarity to the former group in terms of the factors affecting future employment prospects. The study shows that training courses were generally effective for job market insertion of university leavers, increasing their chances of avoiding unemployment by around 6.56% for a standard course. Effectiveness depends, however, on the university leaver's professional career choice.

Suggested Citation

  • Pilar Olave & Manuel Salvador, 2006. "The efficacy of university training programmes: a semi-parametric Bayesian approach," Applied Economics Letters, Taylor & Francis Journals, vol. 13(8), pages 511-518.
  • Handle: RePEc:taf:apeclt:v:13:y:2006:i:8:p:511-518
    DOI: 10.1080/13504850500400470
    as

    Download full text from publisher

    File URL: http://www.informaworld.com/openurl?genre=article&doi=10.1080/13504850500400470&magic=repec&7C&7C8674ECAB8BB840C6AD35DC6213A474B5
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/13504850500400470?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Alfonso Alba-Ramírez, 1993. "Mismatch in the Spanish Labor Market: Overeducation?," Journal of Human Resources, University of Wisconsin Press, vol. 28(2), pages 259-278.
    2. Dolton, Peter & Vignoles, Anna, 2000. "The incidence and effects of overeducation in the U.K. graduate labour market," Economics of Education Review, Elsevier, vol. 19(2), pages 179-198, April.
    3. Dolado, Juan J. & Felgueroso, Florentino & Jimeno, Juan F., 2000. "Youth labour markets in Spain: Education, training, and crowding-out," European Economic Review, Elsevier, vol. 44(4-6), pages 943-956, May.
    4. Gritz, R. Mark, 1993. "The impact of training on the frequency and duration of employment," Journal of Econometrics, Elsevier, vol. 57(1-3), pages 21-51.
    5. D. Firth & C. Payne & J. Payne, 1999. "Efficacy of programmes for the unemployed: discrete time modelling of duration data from a matched‐comparison study," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 162(1), pages 111-120.
    6. S. Mcguinness, 2003. "Graduate overeducation as a sheepskin effect: evidence from Northern Ireland," Applied Economics, Taylor & Francis Journals, vol. 35(5), pages 597-608.
    7. Andrew Jenkins & Anna Vignoles & Alison Wolf & Fernando Galindo-Rueda, 2003. "The determinants and labour market effects of lifelong learning," Applied Economics, Taylor & Francis Journals, vol. 35(16), pages 1711-1721.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pilar Olave & Eva Maria Andres & Jose Tomas Alcala, 2008. "Studying the relationship between unemployment periods in Spain: a nonparametric approach," Applied Economics Letters, Taylor & Francis Journals, vol. 15(9), pages 683-687.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kampelmann, Stephan & Rycx, François, 2012. "The impact of educational mismatch on firm productivity: Evidence from linked panel data," Economics of Education Review, Elsevier, vol. 31(6), pages 918-931.
    2. Léné, Alexandre, 2011. "Occupational downgrading and bumping down: The combined effects of education and experience," Labour Economics, Elsevier, vol. 18(2), pages 257-269, April.
    3. Paula Herrera-Idárraga & Enrique López-Bazo & Elisabet Motellón, 2012. "Informality and overeducation in the labor market of a developing country," Working Papers XREAP2012-20, Xarxa de Referència en Economia Aplicada (XREAP), revised Nov 2012.
    4. Kiersztyn, Anna, 2013. "Stuck in a mismatch? The persistence of overeducation during twenty years of the post-communist transition in Poland," Economics of Education Review, Elsevier, vol. 32(C), pages 78-91.
    5. Eleni Kalfa & Matloob Piracha, 2017. "Immigrants’ educational mismatch and the penalty of over-education," Education Economics, Taylor & Francis Journals, vol. 25(5), pages 462-481, September.
    6. Joaquin Turmo-Garuz & M.-Teresa Bartual-Figueras & Francisco-Javier Sierra-Martinez, 2019. "Factors Associated with Overeducation Among Recent Graduates During Labour Market Integration: The Case of Catalonia (Spain)," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 144(3), pages 1273-1301, August.
    7. Brian Clark & Clément Joubert & Arnaud Maurel, 2017. "The career prospects of overeducated Americans," IZA Journal of Labor Economics, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 6(1), pages 1-29, December.
    8. McGuinness, Seamus & Sloane, Peter J., 2011. "Labour market mismatch among UK graduates: An analysis using REFLEX data," Economics of Education Review, Elsevier, vol. 30(1), pages 130-145, February.
    9. L. Cattani & G. Guidetti & G. Pedrini, 2014. "Assessing the incidence and wage effects of overeducation among Italian graduates using a new measure for educational requirements," Working Papers wp939, Dipartimento Scienze Economiche, Universita' di Bologna.
    10. Rodokanakis Stavros, 2009. "Comparing the Probability of Unemployment in Southern Greece Vis-À-Vis the Entire Country," Bulletin of Geography. Socio-economic Series, Sciendo, vol. 12(12), pages 17-43, January.
    11. Keith A. Bender & John S. Heywood, 2017. "Educational mismatch and retirement," Education Economics, Taylor & Francis Journals, vol. 25(4), pages 347-365, July.
    12. Rossen Anja & Boll Christina & Wolf André, 2019. "Patterns of Overeducation in Europe: The Role of Field of Study," IZA Journal of Labor Policy, Sciendo & Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 9(1), pages 1-48, June.
    13. Sucharita Ghosh & Emanuele Grassi, 2020. "Overeducation and overskilling in the early careers of PhD graduates: Does international migration reduce labour market mismatch?," Papers in Regional Science, Wiley Blackwell, vol. 99(4), pages 915-944, August.
    14. Yih‐chyi Chuang & Chia‐Yu Liang, 2022. "Overeducation and skill mismatch of university graduates in Taiwan," Review of Development Economics, Wiley Blackwell, vol. 26(3), pages 1693-1712, August.
    15. Edvard N. Larsen & Adrian F. Rogne & Gunn E. Birkelund, 2018. "Perfect for the Job? Overqualification of Immigrants and their Descendants in the Norwegian Labor Market," Social Inclusion, Cogitatio Press, vol. 6(3), pages 78-103.
    16. Ghignoni, Emanuela & Verashchagina, Alina, 2014. "Educational qualifications mismatch in Europe. Is it demand or supply driven?," Journal of Comparative Economics, Elsevier, vol. 42(3), pages 670-692.
    17. Pérez Navarro, Marco Aurelio, 2021. "University graduates’ job-education mismatches in the Spanish labour market," MPRA Paper 109881, University Library of Munich, Germany.
    18. Riccardo Crescenzi & Luisa Gagliardi & Enrico Orru', 2016. "Learning mobility grants and skill (mis)matching in the labour market: The case of the ‘Master and Back’ Programme," Papers in Regional Science, Wiley Blackwell, vol. 95(4), pages 693-707, November.
    19. Lex Borghans & Bart Golsteyn, 2007. "Skill transferability, regret and mobility," Applied Economics, Taylor & Francis Journals, vol. 39(13), pages 1663-1677.
    20. Kelly, Elish & O'Connell, Philip J. & Smyth, Emer, 2010. "The economic returns to field of study and competencies among higher education graduates in Ireland," Economics of Education Review, Elsevier, vol. 29(4), pages 650-657, August.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:apeclt:v:13:y:2006:i:8:p:511-518. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RAEL20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.