The Erasmus effect on earnings: a panel analysis from Siena

Luca Favero () and Andreina Fucci ()

Department of Economics University of Siena from Department of Economics, University of Siena

Abstract: This article examines the impact on salaries of Erasmus participation for graduates from the University of Siena. Specifically, it investigates whether mobile alumni experience an increase in terms of net monthly salaries. We use AlmaLaurea panel data for 2010 graduates from the University of Siena who were interviewed again in 2011, 2013 and 2015, making this study one of the very first to use panel data to track the Erasmus impact. Our results show the existence of a wage premium of around 7-9%. We employ a variety of techniques in order to address the endogeneity of the decision to participate in the programme including random effect estimation, instrumental variable estimation and propensity score matching.

Keywords: Erasmus program; graduates; wage premium; panel data; Almlaurea; pscore; instrumental variables (search for similar items in EconPapers)
JEL-codes: I2 J24 J31 (search for similar items in EconPapers)
Date: 2017-11
New Economics Papers: this item is included in nep-lma
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Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:usi:wpaper:762

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