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The Impact of Bologna Process on the Graduate Labour Market: Demand and Supply

  • Bosio, Giulio

    ()

    (University of Milan)

  • Leonardi, Marco

    ()

    (University of Milan)

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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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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  1. Giorgio Brunello & Lorenzo Cappellari, 2005. "The Labour Market Effects of Alma Mater: Evidence from Italy," CHILD Working Papers wp05_05, CHILD - Centre for Household, Income, Labour and Demographic economics - ITALY.
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  3. Cappellari, Lorenzo & Lucifora, Claudio, 2008. "The "Bologna Process" and College Enrolment Decisions," IZA Discussion Papers 3444, Institute for the Study of Labor (IZA).
  4. Fernando Alexandre & Ana Rute Cardoso & Miguel Portela & Carla Sá, 2007. "Demand for Higher Education Programs: The Impact of the Bologna Process," CESifo Working Paper Series 2081, CESifo Group Munich.
  5. Jo Blanden & Stephen Machin, 2004. "Educational Inequality and the Expansion of UK Higher Education," Scottish Journal of Political Economy, Scottish Economic Society, vol. 51(2), pages 230-249, 05.
  6. repec:rie:review:v:15:y:2010:i:2:n:4 is not listed on IDEAS
  7. Lorenzo Cappellari & Carlo Dell'Aringa & Marco Leonardi, 2010. "Flexible Employment, Job Flows and Labour Productivity," DISCE - Quaderni dell'Istituto di Economia dell'Impresa e del Lavoro ieil0060, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
  8. Paolo Buonanno & Dario Pozzoli, 2009. "Early Labour Market Returns to College Subject," LABOUR, CEIS, vol. 23(4), pages 559-588, December.
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  11. Alfonso Rosolia & Roberto Torrini, 2007. "The generation gap: relative earnings of young and old workers in Italy," Temi di discussione (Economic working papers) 639, Bank of Italy, Economic Research and International Relations Area.
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  14. Janet Currie & Enrico Moretti, 2003. "Mother'S Education And The Intergenerational Transmission Of Human Capital: Evidence From College Openings," The Quarterly Journal of Economics, MIT Press, vol. 118(4), pages 1495-1532, November.
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