We study the role of human capital in the restructuring of the Italian economy. The share of university graduates in the population has long been far lower in Italy (12 per cent in 2007) that in the rest of Europe (24 per cent). The 3+2 reform of Italian degree programmes has significantly...

The aim of this paper is to estimate the effects of the expansion of tertiary education supply on the educational choices of young Italian high school graduates. A quasi-experimental setting given by the reform of the tertiary education system implemented in 2001 is exploited. The reform was...