Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/307184 
Year of Publication: 
2024
Series/Report no.: 
IZA Discussion Papers No. 17360
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
This paper uses monthly data on tertiary education graduates in 19 European countries covering 2004-2017 to assess the short-run effects of entry conditions on the transition into employment. Using an instrumental variables approach, a one percentage point increase in the unemployment rate is found to reduce the hazard rate of transitioning from unemployment into employment by 6%. The effect is stronger in southern European countries and, within this group, is almost entirely due to negative effects on females.
Subjects: 
entry conditions
tertiary education graduates
transition to employment
proportional hazards model
residual inclusion
JEL: 
J64
J11
J23
Document Type: 
Working Paper

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