Scandinavian Working Papers in Economics

Working Papers,
University of Aarhus, Aarhus School of Business, Department of Economics

No 08-8: The Transition to Work for Italian University Graduates

Dario Pozzoli ()
Additional contact information
Dario Pozzoli: Department of Economics, Aarhus School of Business, Postal: The Aarhus School of Business, Prismet, Silkeborgvej 2, DK 8000 Aarhus C, Denmark

Abstract: This study investigates the hazard of rst job for Italian graduates. The anal- ysis is in particular focused on the transition from university to work, taking into account the graduates' characteristics and the e ects relating to degree subject. It is used a large data set from a survey on job opportunities for the 1998 Italian graduates. The paper employs a non parametric discrete-time single risk models to study employment hazard. Alternative mixing distributions have also been used to account for unobserved heterogeneity. The results obtained indicate that there is evidence of positive duration dependence after a short initial period of negative duration dependence. In addition, competing risk model with unob- served heterogeneity and non parametric baseline hazard have been estimated to characterize transitions out of unemployment.

Keywords: discrete time survival model; unobserved heterogeneity; competing risk model

JEL-codes: C41; C50; J64

48 pages, April 18, 2008

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