Earnings Over the Life Course: General versus Vocational Education

61 Pages Posted: 11 Mar 2017

See all articles by Bart Golsteyn

Bart Golsteyn

Maastricht University - Research Centre for Education and the Labour Market (ROA); IZA Institute of Labor Economics; Stockholm University - Swedish Institute for Social Research (SOFI)

Anders Stenberg

Stockholm University - Swedish Institute for Social Research (SOFI)

Abstract

Two common hypotheses regarding the relative benefits of vocational versus general education are (1) that vocational skills enhance relative short-term earnings and (2) that general skills enhance relative long-term earnings. Empirical evidence for these hypotheses has remained limited. Based on Swedish registry data of individuals in short (2-year) upper secondary school programs, this study provides a first exploration of individuals' earnings across nearly complete careers. The descriptive earnings patterns indicate support for both hypotheses (1) and (2). The support holds when controlling for GPA and family fixed effects and also when taking into account enrolment in further education and fertility decisions.

Keywords: human capital, vocational education, life cycle, tracking

JEL Classification: J24, J64, J31, I20

Suggested Citation

Golsteyn, Bart and Stenberg, Anders, Earnings Over the Life Course: General versus Vocational Education. IZA Discussion Paper No. 10593. Available at SSRN: https://ssrn.com/abstract=2931330

Bart Golsteyn (Contact Author)

Maastricht University - Research Centre for Education and the Labour Market (ROA) ( email )

P.O. Box 616
Maastricht, MD6200
Netherlands

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Kyrkgatan 43B
SE-106 91 Stockholm
Sweden

Anders Stenberg

Stockholm University - Swedish Institute for Social Research (SOFI) ( email )

Kyrkgatan 43B
SE-106 91 Stockholm
Sweden

Register to save articles to
your library

Register

Paper statistics

Downloads
29
Abstract Views
264
PlumX Metrics