Labor Market Returns to Vocational Secondary Education

Arbeitspapier

We study labor-market returns to vocational versus general secondary education using a regression discontinuity design created by the centralized admissions process in Finland. Admission to the vocational track increases annual income by 7 percent at age 31, and the benefits show no signs of diminishing with time. Moreover, admission to the vocational track does not increase the likelihood of working in jobs at risk of replacement by automation or offshoring. Consistent with the notion of comparative advantage, we observe significantly larger returns for people who express a preference for vocational education in their applications to secondary school.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ETLA Working Papers ; No. 65

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Returns to Education ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Wage Level and Structure; Wage Differentials ; Multiple or Simultaneous Equation Models: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions; Social Interaction Models ; Labor Demand ; Education and Inequality
• Thema: Returns to education ; Vocational education ; Technological change ; Application preferences ; Regression discontinuity ; Field of study

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Silliman, Mikko ; Virtanen, Hanna
• Ereignis: Veröffentlichung
• (wer): The Research Institute of the Finnish Economy (ETLA)
• (wo): Helsinki
• (wann): 2019

Weitere Informationen

• Handle: http://hdl.handle.net/10419/201280
• Letzte Aktualisierung: 10.03.2025, 11:43 MEZ