TY  - RPRT
A1  - Margaryan, Shushanik
A1  - Saniter, Nils
A1  - Schumann, Mathias
A1  - Siedler, Thomas
T1  - Do internships pay off?
BT  - the effects of student internships on earnings
T2  - Journal of human resources
N2  - We study the causal effect of student internship experience in firms on earnings later in life. We use mandatory firm internships at German universities as an instrument for doing a firm internship while attending university. Employing longitudinal data from graduate surveys, we find positive and significant earnings returns of about 6 percent in both ordinary least squares (OLS) and instrumental variables (IV) regressions. The positive returns are particularly pronounced for individuals and areas of study that are characterized by a weak labor market orientation. The empirical findings show that graduates who completed a firm internship face a lower risk of unemployment during the first year of their careers, suggesting a smoother transition to the labor market.
Y1  - 2022
U6  - https://doi.org/10.3368/jhr.57.4.0418-9460R2
SN  - 0022-166X
SN  - 1548-8004
VL  - 57
IS  - 4
SP  - 1242
EP  - 1275
PB  - University of Wisconsin Press
CY  - Madison
ER  -