Labor-market returns to higher vocational schooling / Petri Böckerman (University of Jyväskylä, Labour Institute for Economic Research, and IZA), Mika Haapanen (University of Jyväskylä, School of Business and Economics), Christopher Jepsen (University College Dublin, School of Economics and Geary Institute, CESifo and IZA) ; IZA Institute of Labor Economics
VerfasserBöckerman, Petri ; Haapanen, Mika ; Jepsen, Christopher
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, August 2018
Elektronische Ressource
Umfang1 Online-Ressource (67 Seiten) : Diagramme
SerieDiscussion paper ; no. 11734
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Labor-market returns to higher vocational schooling [0.66 mb]
Verfügbarkeit In meiner Bibliothek
Zusammenfassung (Englisch)

This paper examines the labor-market returns to a new form of postsecondary vocational education, vocational master's degrees. We use individual fixed effects models on the matched sample of students and non-students from Finland to capture any time-invariant differences across individuals. Attendance in vocational master's programs leads to higher earnings of eight percent five years after entry even if selection on unobservables is twice as strong as selection on observables. Earnings gains are similar by gender and age, but they are marginally higher for health than for business or technology and trades.