Article Green Open Access 2017

Earnings over the life course: General versus vocational education

Journal of Human Capital
Journal · Vol. 11 · Issue 2 · pp. 167-212
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 grade point average and family fixed effects are controlled for and also when enrollment in further education and fertility decisions are taken into account. © 2017 by The University of Chicago. All rights reserved.

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Author Affiliations
Universiteit Maastricht, Maastricht, Limburg, Netherlands, IZA - Institute of Labor Economics, Bonn, Nordrhein-Westfalen, Germany, Stockholms universitet, Stockholm, Stockholm, Sweden
IZA - Institute of Labor Economics, Bonn, Nordrhein-Westfalen, Germany, Stockholms universitet, Stockholm, Stockholm, Sweden, Linnaeus University, Kalmar, Kalmar, Kalmar, Sweden
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