The Labor Market Effects of Academic and Vocational Education over the Life Cycle: Evidence Based on a British Cohort
Giorgio Brunello () and
Lorenzo Rocco ()
Journal of Human Capital, 2017, vol. 11, issue 1, 106 - 166
Several commentators have argued that the short-term advantage of vocational versus academic education, which is a smoother school-to-work transition, trades off with long-term disadvantages, which are lower employment and/or lower wages. Using data based on the careers of individuals born in the United Kingdom in 1958, we find evidence of a trade-off, but only for real wages and only for the group with lower vocational education. These results are confirmed when the careers of individuals born in 1970 are examined. The presence of a trade-off does not imply, however, that individuals with vocational education have lower long-term utility.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10) Track citations by RSS feed
Downloads: (external link)
Access to the online full text or PDF requires a subscription.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/690234
Access Statistics for this article
More articles in Journal of Human Capital from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().