The Relationship Between Higher Education and Labour Market in Greece: the Weakest Link?
The high level of graduate unemployment, even though has been acknowledged as one of the most distinctive characteristics of the Greek labour market, has not attracted enough attention in the academic literature. This paper utilizes the recently available micro-data from the Greek Labour Force Survey in order to investigate how the employment situation of young (aged 35 and below) graduates varies according to their field of study. The findings suggest that graduates of disciplines that have high levels of private sector employment, such as Polytechnics and Computer Science, are in general better off in the Greek labour market. On the other hand, graduates of disciplines that are traditionally related to the needs of the public sector, such as Sociology and Humanities face poor employment prospects. The findings of this study highlight the need for drastic reforms of the Higher Education system.
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- Ilias Livanos, 2010. "The Wage-Local Unemployment Relationship in a Highly Regulated Labour Market: Greece," Regional Studies, Taylor & Francis Journals, vol. 44(4), pages 389-400.
- Ludger Woessmann, 2004.
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Royal Economic Society Annual Conference 2004
93, Royal Economic Society.
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- Smith, Jeremy & McKnight, Abigail & Naylor, Robin, 2000. "Graduate Employability: Policy and Performance in Higher Education in the UK," Economic Journal, Royal Economic Society, vol. 110(464), pages 382-411, June.
- Ilias Livanos, 2007. "The incidence of long-term unemployment: evidence from Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 14(6), pages 405-408.
- Costas Kanellopoulos, 1997. "Public-private wage differentials in Greece," Applied Economics, Taylor & Francis Journals, vol. 29(8), pages 1023-1032.
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