Are student exchange programs worth it? |
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| Authors: | Dolores Messer and Stefan C Wolter |
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| Institution: | (1) University of Bern, Bern, Switzerland;(2) CESifo, Munich, Germany;(3) Institute for the study of Labor (IZA), Bonn, Germany;(4) Swiss Coordination Center for Research in Education (SKBF), Entfelderstrasse 61, CH–5000 Aarau, Switzerland |
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| Abstract: | The number of university students participating in exchange programs has risen sharply over the last decade. A survey of Swiss
university graduates (classes of 1999 and 2001) shows that participation in student exchange programs depends significantly
on the socio-economic background of students. We further analyze whether the participants benefit from additional advantages
caused by these exchange programs. Analyses show that student exchange programs are associated with higher starting salaries
and a higher likelihood of opting for postgraduate degrees. Analyses using instrumental variable estimations (IV), however,
show that these outcomes are not causally related to participation in exchange programs.
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| Keywords: | Exchange semester ERASMUS Graduate survey Instrumental variables Switzerland |
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