Employment and salaries of university graduates: impact evaluation of a financial aid programme by means of propensity score matching

被引:0
作者
Hernandez-Medina, Patricia [1 ,2 ]
Hernandez, Daniel Goncalves [3 ]
La Paz, Luis Morales [4 ]
机构
[1] Univ Nacl Chimborazo, Riobamba, Ecuador
[2] Univ Catolica Andres Bello, Caracas, Venezuela
[3] Univ Carlos III Madrid, Madrid, Spain
[4] Univ Catolica Andres Bello, Caracas, Venezuela
关键词
Financial aid programme; impact evaluation; higher education; graduated employment; graduated salary; propensity score matching; LABOR-MARKET OUTCOMES; STUDENT LOAN DEBT; HIGHER-EDUCATION;
D O I
10.14349/sumneg/2024.V15.N33.A3
中图分类号
F [经济];
学科分类号
02 ;
摘要
Introduction / Objective: Educational funding in Venezuela is limited, especially in private higher education institutions, due to existing budget constraints. Despite these limitations, some grant programmes manage to serve a significant proportion of students. The purpose of this research was to evaluate the impact of a financial aid programme at a Latin American university by analysing the probability of employment and remuneration at three key points in time: during the degree programme, upon graduation, and three years after graduation. Methodology: A sample of graduates from various programmes was used, and information about their career paths was collected by means of a follow-up survey. The analysis was conducted using propensity score matching through the Average Treatment Effect on the Treated (ATT) estimator, employing both parametric and non-parametric methods. Results: The results indicate an inverse relationship between the financial aid received and the salary earned during the evaluation periods, alongside a positive relationship with the probability of being employed. However, none of the estimated coefficients were significant, whether for the nearest neighbour, the 5 or 10 nearest neighbours, the Kernel estimation, or the local linear estimation, taking into account the common support and the 20% trimming. Conclusions: It cannot be concluded that the grant received during the degree programme significantly improves employment and remuneration outcomes. This suggests the need for a comprehensive programme that includes support in job placement processes in order to enhance these outcomes.
引用
收藏
页码:99 / 110
页数:12
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