This paper evaluates the impact of the availability of electronic labor markets on the university-to-work transition. In particular, we analyze the effect of the intermediation activity carried on by the inter-university consortium, AlmaLaurea, on graduates' labor market outcomes. The different timing of universities' enrollment in AlmaLaurea allows us to apply the difference-in-differences method to a repeated cross section data set. If the usual assumption concerning parallel outcomes holds, AlmaLaurea reduces the individual unemployment probability and improves matching quality. Interestingly, we also find that on-line intermediaries foster graduates' geographic mobility.
*Published: This paper was subsequently published as Do Online Labor Market Intermediaries Matter? The Impact of AlmaLaurea on the University-to-Work Transition, Manuel F. Bagues, Mauro Sylos Labini, in NBER book Studies of Labor Market Intermediation (2007)
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This paper was revised on September 5, 2008
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