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How skills acquired in vocational education and training (VET) affect wages and employment is not clear. We develop and estimate a search and matching model for workers with a VET degree. Workers differ in interpersonal, cognitive and manual skills, while firms require and value different...
Persistent link: https://www.econbiz.de/10011864583
We develop novel measures of early-career skills that are more detailed, comprehensive, and labor-market-relevant than existing skill proxies. We exploit that skill requirements of apprenticeships in Germany are codified in state-approved, nationally standardized apprenticeship plans. These...
Persistent link: https://www.econbiz.de/10013550210
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...
Persistent link: https://www.econbiz.de/10013413337
For emerging professions, such as jobs in the field of Artificial Intelligence (AI) or sustainability (green), labour supply does not meet industry demand. In this scenario of labour shortages, our work aims to understand whether employers have started focusing on individual skills rather than...
Persistent link: https://www.econbiz.de/10014443842
We study how beliefs about the automatability of workers' occupation affect labor-market expectations and willingness to participate in further training. In our representative online survey, respondents on average underestimate the automation risk of their occupation, especially those in...
Persistent link: https://www.econbiz.de/10014447762
Using panel data on the full population of corporate tax returns from Armenia, we study behavioral responses of firms …
Persistent link: https://www.econbiz.de/10011754262
It has been argued that vocational education facilitates the school-to-work transition but reduces later adaptability to changing environments. Using the recent international PIAAC data, we confirm such a trade-off over the life-cycle in a difference-in-differences model that compares employment...
Persistent link: https://www.econbiz.de/10011544338
This paper examines how and why returning to education fosters recovery from negative employment shocks among high school dropouts. High school dropout remains a problem, particularly as employment is increasingly skilled over time. Exploiting a policy expanding a Norwegian vocational...
Persistent link: https://www.econbiz.de/10012668975
Vocational education is formal education about work, and vocational programs of study typically target a narrow subset of middle-income occupations. In this chapter, we trace vocational education from competing 20th century education philosophies to its varied structures throughout the 21st...
Persistent link: https://www.econbiz.de/10012318580
We estimate a dynamic model of individual labour market careers (turnover and search, wage development) on Portuguese panel data of graduates from vocational and general secondary education. We find that vocational graduates benefit more from the internal labour market than from the external...
Persistent link: https://www.econbiz.de/10014309585