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Rosti, Luisa
Chelli, Francesco
Year of Publication: 
Series/Report no.: 
Quaderni di Dipartimento, EPMQ, Università degli Studi di Pavia 200
By applying Markovian analysis to Italian labor market transition matrices we verify whether higher education increases the likelihood of young workers moving from non-standard to standard wage contracts. As we find evidence for the so-called stepping stone hypothesis, we expect graduates to be more likely to pass from non-standard to standard wage contracts than non-graduates, because the signaling effect of education is enhanced by the stepping stone effect of non-standard wage contracts. Nevertheless, we find that non-standard wage contracts of graduates are more likely to be terminated as bad job/worker matches.
Document Type: 
Working Paper

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