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Paper No' CVERDP003: | Full paper
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Keywords: vocational education, apprenticeship, employment, life-cycle, PIAAC
JEL Classification: J20; J64; I20
Is hard copy/paper copy available? YES - Paper Copy Still In Print.
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Abstract:It has been argued that vocational education facilitates the school-to-work transition but reduces later adaptability to changing environments. Using the recent international PIAAC data, we confirm such a trade-off over the life-cycle in a difference-in-differences model that compares employment rates across education type and age. An initial employment advantage of individuals with vocational compared to general education turns into a disadvantage later in life. Results are strongest in apprenticeship countries that provide the highest intensity of industry-based vocational education.
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