Piopiunik, Marc; Schwerdt, Guido; Woessmann, Ludger - Institute for the Study of Labor (IZA) - 2012
positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on … subsequent earnings. We suggest that labor-market effects may be more imminent for students leaving school directly for the labor … market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find …