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Conscription and the Labor Market Outcomes of Recent College Graduates: Evidence From One Taiwanese University (Poster 1)

Thu, April 24, 9:50 to 11:20am MDT (9:50 to 11:20am MDT), The Colorado Convention Center, Floor: Exhibit Hall Level, Exhibit Hall F - Poster Session

Abstract

This study examines the impact of Taiwan’s 2013 conscription policy reform on the labor market outcomes of recent college graduates. Using a rich administrative dataset, we analyze the cumulative unemployment days and maximum monthly wages of 3,702 college graduates from a private technological university over five years after graduation. Employing quadratic growth models and regression discontinuity, we find that conscription adversely affects the early career stages of male graduates, resulting in increased unemployment and lower wages. However, these disadvantages diminish post-service, with graduates catching up to their peers. The findings suggest policy interventions to mitigate the labor market instability caused by conscription.

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