budapest university of economic sciences institute economics hungarian academy working papers on the labour market bwp 2003 5 job training higher education graduates péter galasi research department human resources and public administration october no author head buda pest postal address h 1093 f?vám tér 8 phone fax 36 1 217 1936 e mail workecon bke hu this was supported by a grant from cerge ei foundation under pro gram global development network additional funds for grantees in balkan countries have been provided austrian government through wiiw vienna all opinions expressed are those s not endorsed