Labour Force Participation and Earnings of Women University Graduates in Greece: a Two‐step Analysis

Labour force participation and earnings functions of married and single women graduates of economics and business administration in Greece were fitted using probit and OLS analysis respectively. The probability to participate in the labour force for married women was found to be affected positively by the magnitude of their work experience and training and negatively by age, husband′s earnings,number of children and their own non‐wage income. In the case of single women, the factors that were found to exercise a significant impact on their participation were their work experience and non‐wage income. Regarding the earnings function, the main factors that were significant for both single and married women were the amount of training, the work experience and the years of residence in the same town. On the basis of the results of the study certain conclusions are drawn regarding policy issues.