Arnoldshain Seminar XV
“The EU and Latin America Facing Globalization”
September 4 – 6, 2017
Vienna


   
Moncarz, Pedro, Universidad Nacional de Córdoba, and Mariana De Santis, Cecilia Gáname, Some determinants of the early transition from university to the labor market: the case of the graduates in economic sciences in Argentina.
The incidence of university education has experienced a significant increase in recent years. Beyond the challenges that this implies for educational institutions, in terms of requirements of infrastructure, both in physical capital and human resources, the transition from the university to the labor market becomes relevant because new cohorts of recent graduates may face greater difficulties in finding a first 'good' job compared to the smooth transitions experienced by university graduates in the past. The study proposed here acquires more relevance since a worse quality in the transition university-labor market, has a set of effects, that although mainly falling on the individual, also have the potential to affect the society as a whole. In particular, changes in the time needed to obtain a stable first job have direct effects on the returns to education and, fundamentally, can have important consequences for the accumulation of skills, affecting the level of job satisfaction, especially when university graduates are forced to accept jobs for which, a priori, they are over-qualified, with the consequence also of a loss of present and future income. Using a still under development longitudinal dataset, we estimate a set of duration models aiming to identify the determinants that explain the probability of finding a "good" job in the short-run after students graduate. The definition of "good job" emerges from a combination of different variables measuring the level of job satisfaction and the matching between the formal education and the requirements of the jobs. Both, job satisfaction and the degree of matching are subjective measures as they were expressed by the respondents of our survey.