“…This study complemented two earlier audit studies on the effects of physical exercise on employment chances. While our insignificant average point estimate of 1.0 pp is higher than the insignificant estimate of Paul et al (2023) (-1.5 pp), it is below the significant estimate of Rooth (2011) (+1.9 pp). Moreover, it is also below the estimated effect of graduating with honors or engaging in the board of a student organization (+1.6 pp for each activity), as found in a similar Flemish experiment (Baert and Verhaest, 2021).…”