Labor-Market Returns to Higher Vocational Schooling

69 Pages Posted: 28 Aug 2018

See all articles by Petri Bockerman

Petri Bockerman

Labour Institute for Economic Research; University of Turku - Turku School of Economics

Mika Haapanen

University of Jyväskylä - School of Business and Economics

Christopher Jepsen

University College Dublin (UCD) - School of Economics

Abstract

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.

Keywords: vocational education, master's degrees, labor-market returns

JEL Classification: J24, I26

Suggested Citation

Bockerman, Petri and Haapanen, Mika and Jepsen, Christopher, Labor-Market Returns to Higher Vocational Schooling. IZA Discussion Paper No. 11734. Available at SSRN: https://ssrn.com/abstract=3238559

Petri Bockerman (Contact Author)

Labour Institute for Economic Research ( email )

FIN-00530 Helsinki
Finland
+358 9 2535 7332 (Phone)
+358 9 2535 7332 (Fax)

HOME PAGE: http://www.petribockerman.fi/

University of Turku - Turku School of Economics ( email )

Rehtorinpellonkatu 3
TURKU, FI-20500
Finland

Mika Haapanen

University of Jyväskylä - School of Business and Economics ( email )

University of Jyväskylä
PO Box 35
FIN 40351, FIN-40014
Finland

Christopher Jepsen

University College Dublin (UCD) - School of Economics ( email )

Belfield, Dublin 4 4
Ireland

Register to save articles to
your library

Register

Paper statistics

Downloads
0
Abstract Views
30
PlumX Metrics