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Transition Strategies and Labour Market Integration of Greek University Graduates

  • Maria Karamessini
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    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.

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    File URL: http://www.lse.ac.uk/europeanInstitute/research/hellenicObservatory/pdf/GreeSE/GreeSE32.pdf
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    Paper provided by Hellenic Observatory, LSE in its series GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe with number 32.

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    Date of creation: Feb 2010
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    Handle: RePEc:hel:greese:32
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    1. Sicherman, Nachum & Galor, Oded, 1990. "A Theory of Career Mobility," Journal of Political Economy, University of Chicago Press, vol. 98(1), pages 169-92, February.
    2. Arrow, Kenneth J., 1973. "Higher education as a filter," Journal of Public Economics, Elsevier, vol. 2(3), pages 193-216, July.
    3. Jovanovic, Boyan, 1979. "Job Matching and the Theory of Turnover," Journal of Political Economy, University of Chicago Press, vol. 87(5), pages 972-90, October.
    4. Phelps, Edmund S, 1972. "The Statistical Theory of Racism and Sexism," American Economic Review, American Economic Association, vol. 62(4), pages 659-61, September.
    5. Jovanovic, Boyan, 1984. "Matching, Turnover, and Unemployment," Journal of Political Economy, University of Chicago Press, vol. 92(1), pages 108-22, February.
    6. 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.
    7. 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.
    8. Heckman, James J & Borjas, George J, 1980. "Does Unemployment Cause Future Unemployment? Definitions, Questions and Answers from a Continuous Time Model of Heterogeneity and State Dependence," Economica, London School of Economics and Political Science, vol. 47(187), pages 247-83, August.
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