Our paper investigates the school-to-work transition of higher education
graduates from European countries. Exploring REFLEX data set which includes
information on first jobs held by the ISCED 5 graduates, we study the incidence and
characteristics of youth entrepreneurship. Also, we find the educational, institutional and
personal factors influencing entrepreneurship along the 13 European countries. Our
results are important for designing future policies and programs for encouraging youth
entrepreneurship, especially among those with higher education