Abstract:
This study investigates the hazard of rst job for Italian graduates. The anal- ysis is in particular focused on the transition from university to work, taking into account the graduates' characteristics and the eects relating to degree subject. It is used a large data set from a survey on job opportunities for the 1998 Italian graduates. The paper employs a non parametric discrete-time single risk models to study employment hazard. Alternative mixing distributions have also been used to account for unobserved heterogeneity. The results obtained indicate that there is evidence of positive duration dependence after a short initial period of negative duration dependence. In addition, competing risk model with unob- served heterogeneity and non parametric baseline hazard have been estimated to characterize transitions out of unemployment.