{"title":"It’s Time to Degree! The Impact of Reducing Barriers to Entry into Professions on Late Graduation: The Case of Pharmacists","authors":"Patrizia Ordine, Giuseppe Rose, Mattia Fasano","doi":"10.1086/713406","DOIUrl":null,"url":null,"abstract":"This work evaluates to what extent the time required by students to graduate depends on labor market opportunities. Identification is achieved using a quasi-experimental setup grounded on a policy reform in Italy that eased labor market access for pharmacy graduates. The impact of the reform on the speed to graduation is investigated with a regression kink design on panel data covering the academic careers of several cohorts of graduates from a large public university. The deregulation reduced graduation time by about 8.65%. If students' entire academic careers had gone at the speed they had after the deregulation, their average duration of studies would have been about 7 months shorter.","PeriodicalId":46011,"journal":{"name":"Journal of Human Capital","volume":null,"pages":null},"PeriodicalIF":1.6000,"publicationDate":"2021-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1086/713406","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Human Capital","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1086/713406","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
This work evaluates to what extent the time required by students to graduate depends on labor market opportunities. Identification is achieved using a quasi-experimental setup grounded on a policy reform in Italy that eased labor market access for pharmacy graduates. The impact of the reform on the speed to graduation is investigated with a regression kink design on panel data covering the academic careers of several cohorts of graduates from a large public university. The deregulation reduced graduation time by about 8.65%. If students' entire academic careers had gone at the speed they had after the deregulation, their average duration of studies would have been about 7 months shorter.
期刊介绍：
Journal of Human Capital is dedicated to human capital and its expanding economic and social roles in the knowledge economy. Developed in response to the central role human capital plays in determining the production, allocation, and distribution of economic resources and in supporting long-term economic growth, JHC is a forum for theoretical and empirical work on human capital—broadly defined to include education, health, entrepreneurship, and intellectual and social capital—and related public policy analyses. JHC encompasses microeconomic, macroeconomic, and international economic perspectives on the theme of human capital. The journal offers a platform for discussion of topics ranging from education, labor, health, and family economics.
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