scholarly journals More skilled, better paid: labour-market returns to postsecondary vocational education

2017 ◽  
Vol 70 (2) ◽  
pp. 485-508 ◽  
Author(s):  
Petri Böckerman ◽  
Mika Haapanen ◽  
Christopher Jepsen
2019 ◽  
Vol 35 (5) ◽  
pp. 701-717
Author(s):  
Jesper J Rözer ◽  
Thijs Bol

Abstract A recent literature argues that the labour market returns to vocational education vary over the life cycle. Graduates with an occupation-specific educational degree have a smooth transition into the labour market but experience difficulties later in their career when their specific skills become obsolete. This life course penalty to vocational education is expected to be particularly strong in periods of rapid technological change. Existing literature has mostly studied this topic from the perspective of age effects but focused less on cohort and period effects. Moreover, it is unclear to what extent lower returns to vocational education in the late career vary across time periods. Using Labour Force Survey data for the Netherlands (1996–2012) we find that having a more occupation-specific educational degree increases the likelihood of being employed in early life and lowers the average job status. This initial advantage of a higher employment probability declines with age, and the disadvantage in job status increases as workers grow older. We find that these life-cycle effects have not, or only marginally, changed over time.


2019 ◽  
Vol 35 (4) ◽  
pp. 491-505 ◽  
Author(s):  
Marita Jacob ◽  
Michael Kühhirt ◽  
Margarida Rodrigues

AbstractThe potential benefits of increased international experience abound, ranging from enriching cultural understanding to an improvement of language skills and intercultural competence. At the same time, empirical evidence is mixed, particularly with regards to how well international experience translates into individual returns on the labour market. This article examines the association between studying abroad and early labour market outcomes in a comparative perspective aiming to shed light on why labour market returns differ across countries. We expect labour market returns to vary with specific country characteristics such as demand for international experience and competition among graduates at labour market entry. In our empirical analyses, we use data from 13 European countries that provide information on graduates’ early labour market outcomes. We find a large variation in the impact of studying abroad on both wages and attaining a higher service class position. Generally, the labour market returns to international experience are larger in countries in Eastern and Southern Europe with poorer university quality, higher graduate unemployment, and fewer students abroad.


2016 ◽  
Vol 15 (3) ◽  
pp. 162-182 ◽  
Author(s):  
Susan Seeber

From a societal perspective, vocational education and training must enable young adults to meet the challenges of the labour market in a globalized world, reduce the mismatch of supply and demand of qualifications (e.g. youth unemployment leading to disadvantages for individuals, society and national economies) and improve social cohesion. From an individual perspective, vocational education and training should develop young adults’ vocational competencies, support their individual personality development and their integration into the labour market and society, help secure their livelihood and enable them to lead self-determined lives as citizens. Therefore, the assessment of competencies obtained in vocational education and training programmes has emerged as a critical issue to develop workforces and the capacity for life-long learning and to foster civic participation as a responsible citizen. This article provides some insights into the modelling and measurement of competencies in vocational education and training, where occupational and cross-occupational competencies are necessary to cope with the requirements of workplaces, as a responsible citizen and in private life. In this article, cross-occupational economic competencies and occupation-specific commercial competencies in the area of business and administration are discussed. Both constructs are based on economic theories, concepts and central terms; nevertheless, the situation-specific context and requirements may vary substantially. Thus, different approaches to define and measure both constructs seem to be necessary.


2017 ◽  
Vol 43 (1) ◽  
pp. 89-113
Author(s):  
Laura A. Helbling

Abstract Competing assumptions about whether entering the labour market via fixed-term jobs is a good or bad start into work life persist in the literature. Based on the longitudinal survey TREE, this article sheds light on (1) who enters the Swiss labour market via fixed-term jobs after graduating from initial vocational education and on (2) the consequences regarding their future returns. Results indicate that vocational education graduates entering the work force via fixed-term jobs of low occupational status must expect lower future wages.


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