@TechReport{iza:izadps:dp18530,
            	author={Malacrino, Davide and Nocito, Samuel and Saggio, Raffaele},
            	title={Do Reforms Aimed at Reducing Time to Graduation Work? Evidence from the Italian Higher Education System},
            	year={2026},
	month={Apr},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={18530},
            	url={https://www.iza.org/publications/dp18530},
	abstract={This paper examines the impact of a reform aimed at expediting graduation times in Italian universities by reducing the number of exams students must pass in order to graduate. Using event-study estimates that leverage the reform's staggered implementation, we find that this policy led to an increase in on-time graduation rates but also resulted in a decreased probability of employment one-year post-graduation. However, this negative effect reverses into a positive one in the medium run. We show that these patterns are explained by students using the time gained from earlier graduation to pursue additional educational qualifications.},
	keywords={higher education;policy evaluation;time to graduation;labor outcomes},
            }