This paper studies the causal effect of student internship experience on labor market choices and wages later in life. We use variation in the introduction and abolishment of mandatory internships at German universities as an instrument for completing an internship while attending university....

We study the impact of student debt on various labor market outcomes, namely, labor market income, hourly wages, hours worked, and probability of full-time employment. Using data from the NLSY97 surveys and a difference-in-difference approach, we find statistically significant differences in...

This paper studies the causal effect of student internship experience in firms on earnings later in life. We use mandatory firm internships at German universities as an instrument for doing a firm internship while attending university. Employing longitudinal data from graduate surveys, we find...

Every year millions of young adults join the labor market in Africa. This paper uses the Jobs of the World Database to compare their job prospects to those of their counterparts in other low-income regions. We show that employment rates are similar at similar levels of development but young...

Labor market institutions shape the return to workers’ skills. They define the incentives of firms and workers to invest in general and specific skills, affecting the returns to experience and tenure. This paper presents an empirical assessment of this hypothesis. We take advantage of rich...

Albania and North Macedonia, as many countries in South-Eastern Europe, struggle with youth unemployment which is persistent, acute and unresponsive to the education of young people in both countries. High school graduates often decide to continue university education for better job perspectives...

Every year millions of young adults join the labor market in Africa. This paper uses the Jobs of the World Database to compare their job prospects to those of their counterparts in other low-income regions. We show that employment rates are similar at similar levels of development but young...

We estimate the effect of nonemployment experienced by Italian youth after leaving secondary school on subsequent labor market outcomes. We focus on the impact on earnings and labor market participation both in the short- and in the long-term, up to 25 years since school completion. By...

The education system has reacted slowly to changes in labour market needs, leading to an increasing number of school leavers without sufficient qualification. In addition, declining PISA scores and a rising share of low achievers are raising concerns about the quality of the future labour force....

The fiscal sustainability of state pensions is a central concern of policymakers in nearly every advanced economy. Policymakers have attempted to ensure the sustainability of these programs in recent decades by raising retirement ages. However, there are concerns that keeping older workers in...