Vocational high school graduate wage gap: the role of cognitive skills and firms

Hugo Reis and Joop Hartog
Authors registered in the RePEc Author Service: Pedro Raposo

Working Papers from Banco de Portugal, Economics and Research Department

Abstract: Comparing cohorts born between 1951 and 1994, we document and interpret changes in the wage differential among graduates from secondary education with a vocational and a general curriculum. The wage gap initially increased and then decreased. We find that these changes cannot be attributed to simple compositional shifts in the economy, but instead relate to important changes in worker allocation to firms that are heterogeneous in wage policies: the demise of assortative matching between workers and firms that worked out favourably for vocational graduates. Our results suggest that reforms of vocational education initiated in the late 1980’s have been a successful policy intervention.

JEL-codes: I2 J31 (search for similar items in EconPapers)
Date: 2019
New Economics Papers: this item is included in nep-lma
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https://www.bportugal.pt/sites/default/files/anexos/papers/wp201903_1.pdf

Related works:
Working Paper: Vocational High School Graduate Wage Gap: The Role of Cognitive Skills and Firms (2018)
Working Paper: Vocational High School Graduate Wage Gap: The Role of Cognitive Skills and Firms (2018)
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Persistent link: https://EconPapers.repec.org/RePEc:ptu:wpaper:w201903

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