Why Do Students Expect to Stay Longer in College? Evidence from Europe

We investigate the expected college completion time of European college students by using data from a survey of more than 3000 students in 10 countries. We explain observed excess time to graduation by paying special attention to labor market variables, such as unemployment, wage differentials and employment protection, and to the funding of tertiary education.

[1]  Geert Ridder,et al.  Fast Track or Failure: A Study of the Graduation and Dropout Rates of Ph.D. Students in Economics , 2003 .

[2]  Wiji Arulampalam,et al.  Effects of In-Class Variation and Student Rank on the Probability of Withdrawal: Cross-Section and Time-Series Analysis for UK University Students , 2002, SSRN Electronic Journal.

[3]  G. Bertola.  Microeconomic perspectives on aggregate labor markets , 1999 .

[4]  G. Bertola.  Chapter 45 Microeconomic perspectives on aggregate labor markets , 1999 .

[5]  Henry Ohlsson,et al.  What determines when undergraduates complete their theses? Evidence from two economics departments , 1999 .

[6]  R. Winter‐Ebmer,et al.  The Wage Expectations of European Business and Economics Students , 2004, The Journal of Human Resources.

[7]  Geert Ridder,et al.  Fast Track or Failure: A Study of the Completion Rates of Graduate Students in Economics , 2000 .

[8]  Brent R. Moulton.  An Illustration of a Pitfall in Estimating the Effects of Aggregate Variables on Micro Unit , 1990 .

[9]  Iida Häkkinen,et al.  The effect of a student aid reform on graduation : a duration analysis , 2003 .

[10]  I. Häkkinen.  The effect of student aid reform on graduation times. A duration analysis , 2002 .

[11]  Wendy A. Stock,et al.  So You Want to Earn a PH.D. in Economics: How Long do you Think it Will Take? , 2000 .

[12]  Alison L. Booth,et al.  The Hazards of Doing a PhD: An Analysis of Completion and Withdrawal Rates of British PhDs in the 1980s , 1995 .

[13]  D. Snower,et al.  Long-Run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy , 2002, SSRN Electronic Journal.

[14]  Ronald G. Ehrenberg,et al.  Do Doctoral Students&Apos; Financial Support Patterns Affect Their Times-to-Degree and Completion Probabilities , 1992 .