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Transition Strategies and Labour Market Integration of Greek University Graduates

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  • Maria Karamessini

Abstract

Greece has today the highest youth unemployment rate in the EU-27 while employment precariousness is disproportionately concentrated among young workers. Youth unemployment and employment precariousness are extremely high even among higher education graduates, generating a very long period of transition from education to work. Protracted transition calls for the development of diverse strategies for successful labour market integration before and after graduation. In this paper we use micro-data from a nation-wide survey conducted in 2005 to examine the incidence of different transition strategies among Greek university graduates, assess their effectiveness for successful labour market integration 5-7 years after graduation and test if the findings conform to the southern European pattern of labour market entry advanced by comparative socio-economic literature. The theoretical framework of our analysis is that of labour market segmentation and job competition theory in a context of high unemployment and imperfect information.

Suggested Citation

  • Maria Karamessini, 2010. "Transition Strategies and Labour Market Integration of Greek University Graduates," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 32, Hellenic Observatory, LSE.
  • Handle: RePEc:hel:greese:32
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    References listed on IDEAS

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    3. David G. Blanchflower & Richard B. Freeman, 2000. "The Declining Economic Status of Young Workers in OECD Countries," NBER Chapters,in: Youth Employment and Joblessness in Advanced Countries, pages 19-56 National Bureau of Economic Research, Inc.
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    5. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-990, October.
    6. Eyraud, Francois & Marsden, David & Silvestre, Jean-Jacques, 1990. "Occupational and internal labour markets in Britain and France," LSE Research Online Documents on Economics 21305, London School of Economics and Political Science, LSE Library.
    7. Phelps, Edmund S, 1972. "The Statistical Theory of Racism and Sexism," American Economic Review, American Economic Association, vol. 62(4), pages 659-661, September.
    8. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    9. Patrinos, Harry Anthony, 1995. "Socioeconomic background, schooling, experience, ability and monetary rewards in Greece," Economics of Education Review, Elsevier, vol. 14(1), pages 85-91, March.
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    Keywords

    Early careers; Greek university graduates; Higher education; Labour market integration; Transition strategies.;

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