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Higher Education Policy in Greece: Filling the Danaids' Jar

The study examines the potential effects of a recent policy change in Greece on students’ graduation rates. Our study mainly concentrates on the impact that the reform may have on the various categories of students, as these are classified by the way they enter the university. Individual records of 2,416 students studying at a university of economic and social studies are analyzed by means of the probit model. Our empirical findings suggest that students from all the other modes of entry, compared to students entering by means of general examinations, face a considerably higher probability of failure. Among the rest of the results, the most interesting one concerns the equal likelihood of failure of students with different socio-economic backgrounds.

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Paper provided by Department of Economics, University of Macedonia in its series Discussion Paper Series with number 2009_16.

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Date of creation: Nov 2009
Date of revision: Nov 2009
Handle: RePEc:mcd:mcddps:2009_16
Contact details of provider: Web page: http://www.uom.gr/index.php?tmima=3

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  1. McNabb, Robert & Pal, Sarmistha & Sloane, Peter, 2002. "Gender Differences in Educational Attainment: The Case of University Students in England and Wales," Economica, London School of Economics and Political Science, vol. 69(275), pages 481-503, August.
  2. Anderson, Soren & Newell, Richard G., 2003. "Simplified marginal effects in discrete choice models," Economics Letters, Elsevier, vol. 81(3), pages 321-326, December.
  3. Geraint Johnes & Robert McNabb, 2004. "Never Give up on the Good Times: Student Attrition in the UK," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(1), pages 23-47, 02.
  4. Leslie E. Papke & Jeffrey M. Wooldridge, 1993. "Econometric Methods for Fractional Response Variables with an Application to 401(k) Plan Participation Rates," NBER Technical Working Papers 0147, National Bureau of Economic Research, Inc.
  5. Massimiliano Bratti & Daniele Checchi & Guido de Blasio, 2008. "Does the Expansion of Higher Education Increase the Equality of Educational Opportunities? Evidence from Italy," LABOUR, CEIS, vol. 22(s1), pages 53-88, 06.
  6. Pesaran, M.H. & Timmermann, A., 1990. "A Simple Non-Parametric Test Of Predictive Performance," Papers 29, California Los Angeles - Applied Econometrics.
  7. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119, March.
  8. Carlevaro, Fabrizio & Senegas, Marc-Alexandre, 2006. "Simplified marginal effects in discrete choice models: A correction," Economics Letters, Elsevier, vol. 92(1), pages 44-46, July.
  9. Wilde, Joachim, 2008. "A simple representation of the Bera-Jarque-Lee test for probit models," Economics Letters, Elsevier, vol. 101(2), pages 119-121, November.
  10. N Powdthavee & A Vignoles, 2008. "The Socio-Economic Gap in University Drop Out," Discussion Papers 08/23, Department of Economics, University of York.
  11. Jeremy P. Smith & Robin A. Naylor, 2001. "Dropping out of university: A statistical analysis of the probability of withdrawal for UK university students," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 164(2), pages 389-405.
  12. Bera, Anil K & Jarque, Carlos M & Lee, Lung-Fei, 1984. "Testing the Normality Assumption in Limited Dependent Variable Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 25(3), pages 563-78, October.
  13. Andrews, Donald W. K., 1988. "Chi-square diagnostic tests for econometric models : Introduction and applications," Journal of Econometrics, Elsevier, vol. 37(1), pages 135-156, January.
  14. Psacharopoulos, George & Papakonstantinou, George, 2005. "The real university cost in a "free" higher education country," Economics of Education Review, Elsevier, vol. 24(1), pages 103-108, February.
  15. Andrews, Donald W K, 1988. "Chi-Square Diagnostic Tests for Econometric Models: Theory," Econometrica, Econometric Society, vol. 56(6), pages 1419-53, November.
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