Table 4

The effect of the reform on age at graduation and age at first job – TWFE estimates

Variables(1)(2)
Age at graduationAge at first job
Reform−0.0615 (0.0561)−0.435*** (0.136)
Constant16.86*** (0.0577)18.62*** (0.140)
Observations8,8588,858
R-squared0.0650.121
Year of BirthNoNo
Graduation Year FEYesYes
Regional FEYesYes
Individual characteristicsYesYes

Note(s): The dependent variables are respectively age at graduation (1) and age at first job (2). The reform is a dummy equal to 1 for those individuals that graduated after the introduction of the reform (see Table 1). Each regression includes a female dummy, a migrant dummy, and field of study dummies. Robust standard errors in parentheses. ***p < 0.01; **p < 0.05; *p < 0.1

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