Piopiunik, Marc; Schwerdt, Guido; Woessmann, Ludger - 2012
market, as well as with lower unemployment. -- central exit exams ; earnings ; unemployment ; Germany … 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 …