1. Early Labour Market Returns to College Subject
- Author
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Dario Pozzoli and Paolo Buonanno
- Subjects
Returns to education ,Alternative methods ,Labour economics ,self-selection ,Earnings ,Geography, Planning and Development ,Control (management) ,Subject (philosophy) ,jel:C34 ,returns to education ,Self-selection ,Settore SECS-P/02 - Politica Economica ,jel:I21 ,College subject ,jel:J24 ,Order (exchange) ,University to work transition ,college subject ,Economics ,Causal link ,Market return ,University to work transition, college subject, self-selection, returns to education ,Settore SECS-P/01 - Economia Politica ,Demography - Abstract
This paper aims at estimating early labour market outcomes of Italian university graduates across college subjects. We devote great attention to endogenous selection issues using alternative methods to control for potential self-selection associated with the choice of the degree subject in order to unravel the causal link between college major and subsequent outcomes in the labour market. Our results suggest that "quantitative" fields (i.e. Sciences, Engineering and Economics) increase not only the speed of transition into the first job and employment probability but also early earnings, conditional on employment. This paper aims at estimating early labour market outcomes of Italian university graduates across college subjects. We devote great attention to endogenous selection issues using alternative methods to control for potential self-selection associated with the choice of the degree subject in order to unravel the causal link between college major and subsequent outcomes in the labour market. Our results suggest that "quantitative" fields (i.e. Sciences, Engineering and Economics) increase not only the speed of transition into the first job and employment probability but also early earnings, conditional on employment.
- Published
- 2009
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