Considerable amounts of time and money are spent on job-training of school-leavers graduated from higher-education institutions. More than a half of the employees in our sample participated in job-training between graduation date (1999) and September 2000. The work in this paper considers two...

The paper investigates the wage determination of Hungarian highereducation graduates with using two samples of Hungarian careerbeginners, applying IV techniques and the multiple indicator solution so as to diminish potential estimation biases due to endogeneity of independent variables...