General education, vocational education, and labor-market outcomes over the life-cycle
By: Eric A. Hanushek, Ludger Woessmann, Lei Zhang
Contributors: Woessmann, Ludger; Zhang, Lei; National Bureau of Economic Research
Series: NBER working paper series -- working paper 17504; Working paper series (National Bureau of Economic Research : Online) -- working paper no. 17504.
Publisher: National Bureau of Economic Research
Published: 2011
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Description: "Policy debates about the balance of vocational and general education programs focus on the school-to-work transition.  But with rapid technological change, gains in youth employment from vocational education may be offset by less adaptability and thus diminished employment later in life.  To test our main hypothesis that any relative labor-market advantage of vocational education decreases with age, we employ a difference-in-differences approach that compares employment rates across different ages for people with general and vocational education.  Using micro data for 18 countries from the International Adult Literacy Survey, we find strong support for the existence of such a trade-off, which is most pronounced in countries emphasizing apprenticeship programs.  Results are robust to accounting for ability patterns and to propensity-score matching"--National Bureau of Economic Research web site.
Notes: Title from PDF file as viewed on 1/3/2012.

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