Exploiting the human capital versus screening hypothesis frameworks, this paper studies the link between delayed graduation and overeducation, and their effect on wages, by using the ISFOL-Plus data. The evidence lines towards predictions based on the signalling model. However, as to the determinants of overeducation the coefficient of delayed graduation is significant only for delays of 3 years or more and also controlling for the entire set of covariates. This suggests that delay conveys a signal of low skill.
Using Italian Labour Force Survey data for the period 2019Q1-2020Q4 and applying quantile regression model accounting for sample selection bias, the paper investigates the effects of the first wave of the COVID-19 pandemic on the wage distribution of employees, exploiting differences across sectors and by working from home arrangement. The findings reveal that the pandemic seems to positively affect wages of the entire workforce. However, this short-term advantage might be temporary as potentially driven by occupational changes in employment composition, whereas teleworking arrangement entails a wage premium for all workers. Low paid workers, employed in hotel/restaurant sector and not teleworking during the outbreak, face a reduction in wages (− 13.7%), while employees of public administration and education sectors exhibit a wage premium. When considering the joint effect of COVID-19 and working from home arrangement, estimates show that, despite few exceptions, wages of teleworking employees have been not affected by the coronavirus. Finally, we also control for self-selection issue by implementing the inverse probability weighting estimator.
The Eduscopio project is the first attempt to build school performance indicators based on the university performance of high school leavers in Italy. It provides stakeholders (students and their families) with publicly available school performance indicators, and school rankings. A potential weakness of Eduscopio is that it relies on first-year student performance only. In this study, we extend its methodology to include longer-term academic outcomes, such as cumulative third-year performance and the probability of on-time graduation. Our results demonstrate that differences in university students’ performance across high schools are not temporary and limited to the first-year, but persist in the following academic years, and that the ranking of high schools based on longer-term indicators remains rather stable. Moreover, our analysis highlights non-negligible differences of between-school track dispersion in the Eduscopio index across cities, which hints on geographical differences in student selection mechanisms into school tracks or in the level of dispersion of school value added within tracks.
We analyse the association between age at tertiary graduation and outcomes of the first phase of the working career in Italy by using a rich longitudinal dataset built merging EU-SILC survey data with individual administrative records on working careers. Labour market outcomes is observed at the entry and along the 10-year period from graduation. No large differences in weekly and annual earnings and worked weeks emerge across individuals who attained the degree at different ages, thus showing a negligible direct penalisation related to graduating not at typical age in Italy. In particular, no statistically significant associations emerge as concerns the link between age at graduation and total earnings obtained during the 10 years from graduation.