Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/204795
Authors: 
Bolli, Thomas
Caves, Katherine
Oswald-Egg, Maria Esther
Year of Publication: 
2019
Series/Report no.: 
KOF Working Papers 459
Abstract: 
This paper analyzes whether and how attending an internship during tertiary education affects income. We address endogeneity with an IV approach that exploits information regarding whether the internship was a mandatory component of the study. We further address selection into programs with mandatory internship by using the share of mandatory internships at the closest university, exploiting the low mobility of Swiss students. The results suggest that doing an internship increases income. In contrast to the literature on internships we find that the effect mainly works by increasing human capital rather than through signaling, and mainly works through general rather than firm- or field-specific human capital.
Subjects: 
Internship
Income
Human capital
Signaling
Soft skills
Experience
JEL: 
I23
J01
J31
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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