Back to School : Labor-Market Returns to Higher Vocational Schooling
Böckerman, P., Haapanen, M., & Jepsen, C. (2019). Back to School : Labor-Market Returns to Higher Vocational Schooling. Labour Economics, 61, Article 101758. https://doi.org/10.1016/j.labeco.2019.101758
Published inLabour Economics
© 2019 The Authors. Published by Elsevier B.V
This paper examines the labor-market returns to a new form of postsecondary vocational education: vocational master's degrees. We use individual fixed effects models on a matched sample of students and non-students from Finland to capture any time-invariant differences across individuals. We find that attendance in vocational master's programs leads to an earnings increase of more than seven percent five years after entry. The estimated effect remains positive even if selection on unobservables is twice as strong as selection on observables. Earnings gains are similar by gender and age, but they are marginally higher for those in the health sector than for those in the business or technology and trades sector.
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- Kauppakorkeakoulu 
Related funder(s)Academy of Finland; Yrjö Jahnsson Foundation
Funding program(s)Strategic research programmes, AoF
Additional information about fundingThis study is part of a project supported by the Strategic Research Council at the Academy of Finland (no. 293120, “Work, Inequality and Public Policy”), Alfred Kordelin Foundation, Yrjö Jahnsson Foundation (no. 6621), and the European Union's Seventh Framework Programme (FP7-PEOPLE-2013-CIG) under project identification number 618400 - PSE RETURNS.
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Böckerman, Petri; Haapanen, Mika; Jepsen, Christopher (IZA Institute of Labor Economics, 2018)This paper examines the labor-market returns to a new form of postsecondary vocational education, vocational master's degrees. We use individual fixed effects models on the matched sample of students and non-students from ...
Suhonen, Tuomo (University of Jyväskylä, 2013)
Böckerman, Petri; Haapanen, Mika (Palkansaajien tutkimuslaitos, 2020)Artikkelissa tarkastellaan ammattikorkeakoulututkintojen vaikutuksia yksilöiden menestymiseen työmarkkinoilla. Tulokset perustuvat Tilastokeskuksen keräämiin kattaviin rekisteritietoihin työllisyydestä ja ansiotasosta. ...
Böckerman, Petri; Haapanen, Mika; Jepsen, Christopher (Oxford University Press, 2018)Outside the USA, relatively little is known about the labour-market returns to postsecondary vocational (or polytechnic) education. Yet, polytechnics in Europe are distinct from US community colleges. This paper focuses ...
Kauhanen, Antti (Taylor & Francis, 2021)I study the effect of an education-leave subsidy for the employed on labor-market outcomes and educational attainment using Finnish administrative linked employer-employee panel data and matching methods. The adult education ...