This paper uses monthly data on tertiary education graduates in 17 European countries covering 2004-2017 to assess the short-run effects of entry conditions on the transition into employment. Using an instrumental variables approach, an increase in the graduation unemployment rate of one...

This paper discusses the relative strengths and weaknesses of alternative solution methods in applied general equilibrium (AGE) analysis. The particular focus is not on the technical properties of solution algorithms, but instead deals with the general issue of using linearised approximation...