5.1. Average effects of the graduation unemployment rate 15
5.2. Cross-country differences in the effects of the graduation unemployment rate 18
5.3. Entry conditions and occupation quality 21
6. Conclusion 22
References 23
Appendix for Online Publication 27
A. Data and sample 27
B. Empirical analysis 30
References 44
Tables
Table 1. Unemployment duration by country for all individuals and individuals in 1st and 4th quartiles of graduation unemployment rate 11
Table 2. Unemployment duration by year for all individuals and individuals in 1st and 4th quartiles of graduation unemployment rate 13
Table 3. Cox model regression results for the hazard rate of finding employment 16
Table 4. Cox model regression results for the hazard rate of different labour market transitions 18
Table 5. Cox model regression results for the hazard rate of finding employment, by country group 20
Table 6. Results for probability of being employed in high-quality occupations 22
Figures
Figure 1. Estimated effects (and 95% confidence intervals) of the graduation unemployment rate, defined using individuals aged 15-74 and 15-24, on the hazard rate... 19
Appendix Tables
Table A1. Data structure after combining several longitudinal releases (Austria) 29
Table B1. Estimated effect of graduation unemployment rate on probability of employment after one year of potential experience 30
Table B2. Means and Standard Deviations, by sample 31
Table B3. Weighted Means and Standard Deviations, by country group 32
Table B4. Results for the duration of unemployment 33
Table B5. Cox model regression results for the hazard rate of finding employment 34
Table B6. Cox model regression results for the hazard rate of finding employment using standard errors clustered at different levels 38
Table B7. Cox model regression results for the hazard rate of finding employment using actual and predicted year-of-graduation and month-of-graduation dummies 39
Table B8. Cox model regression results for the hazard rate of finding employment using standard model and alternative instrument, by country group 40
Table B9. Regression results for the hazard rate of finding employment using parametric models 41
Table B10. Cox model regression results for the hazard rate of finding employment, by sex 42
Table B11. Results for probability of being employed in high-quality occupations, by country group 43