IDEAS home Printed from https://ideas.repec.org/a/cog/socinc/v7y2019i3p154-176.html
   My bibliography  Save this article

The Signal and the Noise: The Impact of the Bologna Process on Swiss Graduates’ Monetary Returns to Higher Education

Author

Listed:
  • David Glauser

    (Department of Sociology of Education, University of Bern, Switzerland)

  • Christoph Zangger

    (Institute of Sociology, University of Zurich, Switzerland)

  • Rolf Becker

    (Department of Sociology of Education, University of Bern, Switzerland)

Abstract

Using longitudinal data on university leaver cohorts in the period from 2006 to 2016, we investigate the impact of the Bologna reform on Swiss graduates’ returns to higher education. Drawing on the job market signaling model, we expect lower returns for graduates who enter the labor market with a bachelor’s degree. Moreover, we expect that the initial wage difference between bachelor and master graduates will become less volatile over time, since employers constantly update their beliefs about graduates’ employability. Controlling for selection into employment and a number of different signals sent by the graduates, we find a persistent advantage of a master’s over a bachelor’s degree. The new degrees, and especially a bachelor’s degree, did indeed serve as a noisy signal about graduates’ productivity in the first years of the Bologna process.

Suggested Citation

  • David Glauser & Christoph Zangger & Rolf Becker, 2019. "The Signal and the Noise: The Impact of the Bologna Process on Swiss Graduates’ Monetary Returns to Higher Education," Social Inclusion, Cogitatio Press, vol. 7(3), pages 154-176.
    • Handle: RePEc:cog:socinc:v7:y:2019:i:3:p:154-176
    DOI: 10.17645/si.v7i3.2100
    as

    Download full text from publisher

    File URL: https://www.cogitatiopress.com/socialinclusion/article/view/2100
    Download Restriction: no
    File URL: https://libkey.io/10.17645/si.v7i3.2100?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cog:socinc:v7:y:2019:i:3:p:154-176. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: António Vieira or IT Department (email available below). General contact details of provider: https://www.cogitatiopress.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.