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
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Labour EconomicsDate
2019Copyright
© 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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ElsevierISSN Search the Publication Forum
0927-5371Keywords
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https://converis.jyu.fi/converis/portal/detail/Publication/32296624
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- Kauppakorkeakoulu [1376]
Related funder(s)
Research Council of Finland; Yrjö Jahnsson FoundationFunding program(s)
Strategic research programmes, AoFAdditional information about funding
This 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.License
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