The Effect of the Bologna Reform on the Graduate Labor Market
Under review (2022)
In 2011, the Bologna reform shortened the duration of undergraduate programs by one year and reduced the content of the curricula in Russia. Notably, it did not change the quantity nor the quality of admitted students. Using this reform as a natural experiment, I find no adverse effect of a 20% reduction in the length of higher education on employment. There are also no adverse effects on wages for graduates who worked less during their studies. I provide suggestive evidence showing that students could compensate for the loss of their human capital by investing more time studying.
Coverage in English: IQ.hse
Coverage in Russian: IQ.hse, ИНИД
Awards: Best Master’s Thesis Awards in Economics and Policy Evaluation by Higher School of Economics, European University at Saint Petersburg, and Accounts Chamber of Russia