It Takes Three to Tango in Employment: Matching Vocational Education, Organizations and Students and Companies in Labour market

Mika Maliranta, Satu Nurmi and Hanna Virtanen

No 1111, Discussion Papers from The Research Institute of the Finnish Economy

Abstract: We examine the determinants of labour market status after the initial vocational basic education (ISCED 3) by use of unique linked register data on students, their parents, teachers, educational organisations and business companies in Finland. We distinguish between four outcomes : 1) employment 2) further studies 3) non-employment and 4) drop-out. The explanatory factors are classified into three main groups : the characteristics of 1) the educational organisation and their institutions, 2) the students and 3) the local business conditions. Teaching expenditures do not matter but teachers skills do. Parental background plays a central role. Local business development matters for boys.

Keywords: education production; vocational education; employability; further studies; regional development; drop-out (search for similar items in EconPapers)
JEL-codes: H52 I21 J23 J24 (search for similar items in EconPapers)
Pages: 36 pages
Date: 2007
New Economics Papers: this item is included in nep-edu, nep-hrm and nep-lab
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