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The Relationship Between Higher Education and Labour Market in Greece: the Weakest Link?

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  • Livanos, Ilias

Abstract

The high level of graduate unemployment, even though has been acknowledged as one of the most distinctive characteristics of the Greek labour market, has not attracted enough attention in the academic literature. This paper utilizes the recently available micro-data from the Greek Labour Force Survey in order to investigate how the employment situation of young (aged 35 and below) graduates varies according to their field of study. The findings suggest that graduates of disciplines that have high levels of private sector employment, such as Polytechnics and Computer Science, are in general better off in the Greek labour market. On the other hand, graduates of disciplines that are traditionally related to the needs of the public sector, such as Sociology and Humanities face poor employment prospects. The findings of this study highlight the need for drastic reforms of the Higher Education system.

Suggested Citation

  • Livanos, Ilias, 2009. "The Relationship Between Higher Education and Labour Market in Greece: the Weakest Link?," MPRA Paper 16239, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:16239
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    File URL: https://mpra.ub.uni-muenchen.de/16239/1/MPRA_paper_16239.pdf
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    References listed on IDEAS

    as
    1. Ilias Livanos, 2010. "The Wage-Local Unemployment Relationship in a Highly Regulated Labour Market: Greece," Regional Studies, Taylor & Francis Journals, vol. 44(4), pages 389-400.
    2. Costas Kanellopoulos, 1997. "Public-private wage differentials in Greece," Applied Economics, Taylor & Francis Journals, vol. 29(8), pages 1023-1032.
    3. Theocharoula Magoula & George Psacharopoulos, 1999. "Schooling and monetary rewards in Greece: an over-education false alarm?," Applied Economics, Taylor & Francis Journals, vol. 31(12), pages 1589-1597.
    4. Ludger Wößmann, 2003. "European education production functions: what makes a difference for student achievement in Europe?," European Economy - Economic Papers 2008 - 2015 190, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    5. Ilias Livanos, 2007. "The incidence of long-term unemployment: evidence from Greece," Applied Economics Letters, Taylor & Francis Journals, vol. 14(6), pages 405-408.
    6. Smith, Jeremy & McKnight, Abigail & Naylor, Robin, 2000. "Graduate Employability: Policy and Performance in Higher Education in the UK," Economic Journal, Royal Economic Society, vol. 110(464), pages 382-411, June.
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    Cited by:

    1. Pelinescu Elena & Simionescu Mihaela, 2019. "Higher Education Policies and Employability of University Graduates in the EU-28," Journal of Intercultural Management, Sciendo, vol. 11(3), pages 105-133, September.
    2. John Sorros & Alkiviadis Karagiorgos & Nikos Mpelesis, 2017. "Adoption of Activity-Based Costing: A Survey of the Education Sector of Greece," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 23(3), pages 309-320, August.
    3. Pouliakas, Konstantinos, 2014. "A Balancing Act at Times of Austerity: Matching the Supply and Demand for Skills in the Greek Labour Market," IZA Discussion Papers 7915, Institute of Labor Economics (IZA).
    4. Georgiana Camelia Cretan, 2014. "Public higher education and labour market in the Romanian agro-food sector– what is to be done?," International Conference on Competitiveness of Agro-food and Environmental Economy Proceedings, The Bucharest University of Economic Studies, vol. 3, pages 70-80.

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    More about this item

    Keywords

    graduate unemployment; Greece; higher education; field of study; labour market;
    All these keywords.

    JEL classification:

    • A23 - General Economics and Teaching - - Economic Education and Teaching of Economics - - - Graduate
    • C31 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models

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