Deutschlands Nachbarn verbinden erfolgreich berufliche und akademische Bildung. Österreichs Berufsbildende Höhere Schulen bereiten auf Hochschule und Arbeitswelt vor. Die Schweizer Berufsmaturität führt aus der Lehre zum Fachhochschulstudium.

Academic education is generally rewarded by employers, but what happens to graduates if they are trained for two years less and have to compete with vocationally trained labor market entrants in a similar field of study? Focusing on Germany, we analyze labor market entries of individuals...

In this paper, I assess labor market returns of a substantial skill upgrade: college enrollment of the vocationally trained, non-traditional students who do not have the formal entry requirement. Using propensity-scoreadjusted regressions and the National Educational Panel Study, I find that...

Applying a financial assets approach, we analyze the returns and earnings risk of investments into different types of human capital. Even though the returns from investing in human capital are extensively studied, little is known about the properties of the returns to different types of human...