TY - RPRT AU - Moffat, John AU - Roth, Duncan H.W. TI - Entry Conditions and the Transition from Tertiary Education to Employment: A Cross-Country Perspective PY - 2024/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 17360 UR - https://www.iza.org/publications/dp17360 AB - This paper uses monthly data on tertiary education graduates in 19 European countries covering 2004-2017 to assess the short-run effects of entry conditions on the transition into employment. Using an instrumental variables approach, a one percentage point increase in the unemployment rate is found to reduce the hazard rate of transitioning from unemployment into employment by 6%. The effect is stronger in southern European countries and, within this group, is almost entirely due to negative effects on females. KW - entry conditions KW - tertiary education graduates KW - transition to employment KW - proportional hazards model KW - residual inclusion ER -