Career Entry and Success after Tertiary Vocational Education
University of Zurich - Institute for Strategy and Business Economics; Swiss Leading House
University of Zurich - Institute for Business Administration; Swiss Leading House
January 1, 2011
Swiss Leading House Working Paper No. 52
Using the Swiss Graduate Survey, we study how the type of tertiary education an individual chooses (i.e., vocational or academic) influences career entry and labor market success after graduation. Our results show that vocational graduates face less risky career entry than academic graduates. Considering endogenous educational choice by using parental education as an instrument, we find higher returns for vocational tertiary education. In the longer term, initial educational type effects disappear, so vocational and academic graduates face the same risk and return. Therefore, career entry for vocational graduates compares favorably to that of academic graduates, while career success for both educational types equalizes over time.
Number of Pages in PDF File: 30
Keywords: Tertiary education, vocational education, career entry, educational screening
JEL Classification: I21, I23, J24working papers series
Date posted: April 13, 2011
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