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1.
The purpose of this study is to examine the effects of university and vocational education, and other influences on a variety of labour market outcomes for Australian youths aged between 16 and 25. The six labour market outcomes investigated are: occupational status, hourly and weekly earnings, employment, unemployment and full-time work. The study finds that a bachelor’s degree has clear positive effects on each of these youth labour market outcomes, in contrast to vocational qualifications. Among men, vocational qualifications show no sizable positive effects on these outcomes. Among women, the higher-level vocational diploma is beneficial for employment and unemployment. In no instance are the positive effects of vocational education stronger than that for a bachelor’s degree. Many of these labour market outcomes are strongly associated with prior experiences of employment and unemployment. The findings suggest that policies, rather than focusing on expanding and reforming vocational education, should aim to ensure that young people quickly secure employment, preferably full-time, and avoid unemployment.  相似文献   

2.
Human capital investment is a necessary condition for improving labour market outcomes in most countries. Empirical studies to investigate human capital and its linkages on the labour demand side are, however, relatively scarce due to limitations of firm-level data-sets. Using firm-level data from the Thai manufacturing sector, this paper aims to investigate the effects of skill and human capital on labour productivity. Costs and benefits of human capital improvement are compared indicating that hiring workers who have higher education as well as providing them with in-service training has a statistically and significantly positive impact on an increase in labour productivity. However, hiring workers who have higher education yields less benefit than costs which come from higher average wage expenditures. However, providing training should contribute more benefit than cost. Besides education and training measures, we also measure workers’ skill levels into cognitive skills and non-cognitive skills and find that skill in information technology is found to be the most important cognitive skill for increasing labour productivity among Thai manufacturers. Non-cognitive skills such as those in leadership, time-management and communication are also important and seem to have positive relationship to labour productivity among Thai manufacturers.  相似文献   

3.
This paper studies the association between graduation age and earnings among university graduates in Denmark, which is a country with one of the oldest student populations in the world. Exploiting a rich data-set from administrative registers, the current study is able to track labour market career for a longer period of time and to control for more labour market-relevant variables than any previous study of graduation age and earnings. The results show that graduation age has either a slightly positive or an insignificant impact on starting wages within the public sector or a negative impact on starting wages among private sector employees. This applies to both genders, but the differences are stronger among male employees. The analyses of long-term wages reveal a more homogeneous pattern. Mature graduates earn less in all the years investigated. The wage differences are greatest among male graduates employed in private enterprises, and the gap increases throughout their careers.  相似文献   

4.
Henry M. Levin 《Prospects》2012,42(3):269-284
Around the world we hear considerable talk about creating world-class schools. Usually the term refers to schools whose students get very high scores on the international comparisons of student achievement such as PISA or TIMSS. The practice of restricting the meaning of exemplary schools to the narrow criterion of achievement scores is usually premised on the view that test scores are closely linked to the provision of a capable labour force and competitive economy. In fact, the measured relationships between test scores and earnings or productivity are modest and explain a relatively small share of the larger link between educational attainment and economic outcomes. What has been omitted from such narrow assessments are the effects that education has on the development of interpersonal and intrapersonal skills and capabilities that affect the quality and productivity of the labour force. This article provides evidence on some of these relationships, on the degree to which the non-cognitive effects of schooling contribute to adult performance, and on the evidence that deliberate school interventions can influence non-cognitive outcomes. It concludes with the view that the quest for world-class schools must encompass a range of human development characteristics that extend considerably beyond test scores.  相似文献   

5.
This paper looks at the economic returns to different fields of study in Ireland in 2004 and also the value placed on various job-related competencies, accumulated on completion of higher education, in the Irish labour market. In examining these issues, the paper also analyses, through quantile regression, how the returns vary across the earnings distribution. The impact that education-job mismatch, both education level and field, has on earnings is also taken into consideration. The results derived indicate that, relative to the base case, there are higher returns to Medicine & Veterinary, Education, Engineering & Architecture, Science and Computers & IT. Small but significant returns were found for some of the competencies analysed, in particular technical skills. The quantile regression analysis reveals that both field and competency returns vary across the wage distribution and that, apart from Medicine & Veterinary and technical skills, field and competency-specific returns diminish as one moves up the earnings distribution.  相似文献   

6.
ABSTRACT

Obtaining a tertiary degree no longer guarantees entry to the best occupational positions in today’s labour market. Success is no longer about ‘more’ education, but about ‘better’ education for university graduates. This study aims to understand whether university prestige in Korea accounts for occupational outcomes in both monetary and non-monetary aspects, such as salaries and job satisfaction. The study particularly focuses on the way different levels of university prestige are affected by gender. The fourth wave data from the Korean Education and Employment Panel were used, providing information from the results of a panel survey of university graduates in terms of their social and academic background and job employment status. Results show that university prestige continues to matters in occupational outcomes in particular, for wage, but it is not significant for job satisfaction. The effect is more significant among male graduates than among female graduates.  相似文献   

7.
Despite numerous studies on skill development, we know little about the effects of extracurricular music activities on cognitive and non-cognitive skills. This study examines how music training during childhood and youth affects the development of cognitive skills, school grades, personality, time use and ambition using data from the German Socio-Economic Panel (SOEP). Our findings suggest that adolescents with music training have better school grades, are more conscientious, open and ambitious. These effects are stronger among adolescents from lower socio-economic status. In order to address the non-random selection into playing music, we take into account detailed information on the child and its parents, which may determine both the decision to pursue music lessons and educational outcomes. While lacking truly exogenous variations in music activities, our results are robust to a large range of sensitivity tests. We thereby approach causality better than previous observational studies.  相似文献   

8.
This paper examines the long-term association of family socioeconomic status (SES), educational, and labor force outcomes in a regional US longitudinal sample (N = 2264). The results offer insights into the mechanisms underlying the role of family SES in transitions from secondary schooling to early work experiences. It was found that the academic achievement gap associated with SES widens during secondary schooling due in part to course-level tracking. Family SES relates to college enrollment mainly via its association with academic gains in school, but also through family income and father’s occupational status. Family SES is weakly but significantly related to adult offspring’s earnings but more strongly related to occupational status. Educational qualifications and cognitive skills make independent contributions to the explanation of labor force outcomes.  相似文献   

9.
Higher education graduates with work experience enter the labour market more smoothly. This study analyses how work experience from vocational education and training (VET) affects labour market outcomes after higher education. To account for selection into VET, we use the regional enrolment rate as an instrument for upper-secondary VET. Results suggest that work experience gained during VET leads to significantly higher wages of 7% to 19% one year after graduation from higher education and two months less search time for first employment but does not significantly lower the probability of an internship in the post-graduation year. However, these positive effects do not persist: the effect is no longer robustly significant for wages, unemployment or employment position after five years. The effect operates through the human capital (specific and general), screening and signalling channels, not the social network channel. Our results suggest that upper-secondary VET is an equivalent pathway to academic education, not merely the second-best, for individuals planning on higher education.  相似文献   

10.
This paper examines how workers’ earnings change after involuntary job separations depending on the workers’ acquired IT skills and the specificity of their occupational training. We categorize workers’ occupational skill bundles along two independent dimensions. First, we distinguish between skill bundles that are more specific or less specific compared to the skill bundles needed in the overall labor market. Second, as digitalization becomes ever more important, we distinguish between skill bundles that contain two different types of IT skills, generic or expert IT skills. We expect that after involuntary separations, these different types of IT skills can have opposing effects, either reducing or amplifying earnings losses of workers with specific skill bundles. We find clearly opposing results for workers in specific occupations—but not in general occupations: Having more generic IT skills is positively correlated with earnings after involuntary separations, whereas more expert IT skills is negatively correlated.  相似文献   

11.
Globally, enormous gains have been made towards the goal of universal primary education, leading to increased demands for secondary education. Consequently, more youth and young adults are now entering the formal and informal labour markets from the secondary level, which makes it important to ensure that secondary schools teach skills relevant to the world of work. This article reports on a Results for Development Institute (R4D) study that explored whether secondary education systems are adequately preparing young people for the workplace, and identified innovative models for delivering relevant skills at the secondary level. It found that employers are looking for three key types of skills: cognitive, non-cognitive, and technical. While technical and basic cognitive skills are still important in the workplace, transferrable and non-cognitive skills such as communication, problem-solving, punctuality, and flexibility are increasingly important, particularly for the informal economy. The article describes several innovative and effective models for skills development at the secondary level, and core principles for their success. These include innovative use of information and communications technology (ICT), multi-stakeholder partnerships, innovative financing mechanisms, and ensuring teacher and trainer preparedness. Moreover, a supportive policy environment is critical to ensure that such models are efficiently financed, effectively implemented, and sustainable over the long term.  相似文献   

12.
In this study, we investigate how college extracurricular activities influence students’ early occupational outcomes. In particular, we examine how the type and number of extracurricular activities, as well as level of participation, influence occupational prestige and job satisfaction. Employing the three national databases, we compare the relationship between extracurricular activities and occupational outcomes across three different cohorts and different levels of college selectivity in the context of the US. Our results suggest that the type of activities pursued in college is consistently important for occupational outcomes, and different types of activities have significant influence for different cohorts. Extracurricular activities tend to have more labour market benefits for graduates of selective institutions.  相似文献   

13.
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14.
This paper analyses whether tertiary education of different types, i.e., academic or vocational tertiary education, leads to more or less favourable labour market outcomes. We study the problem for Switzerland, where more than two thirds of the workforce gain vocational secondary degrees and a substantial number go on to a vocational tertiary degree but only a small share gain an academic tertiary degree. As outcome variables, we examine the risk of being unemployed, monthly earnings, and variation in earnings (reflecting financial risk). We study these outcomes at career entry and later stages. Our empirical results reveal that the type of tertiary education has various effects on these outcomes. At career entry, we observe equal unemployment risk but higher average wages and lower financial risk for vocational graduates. At later career stages, we find that these higher average wages disappear and risk of unemployment becomes lower for vocational graduates. Thus, by differentiating the tertiary system into vocational and academic institutions graduates face a variety of valuable options allowing them to self-select into an educational type that best matches their individual preferences.  相似文献   

15.
Exploiting information on foreign qualifications for the first time, we estimate the returns to obtaining UK higher degrees for foreign graduates who migrated to the UK in their 20s. Accounting for direct measures of foreign and UK qualifications and country‐of‐origin fixed effects, we find substantial returns to obtaining UK (higher) degrees on hourly wages and occupational attainment for both genders, working mainly through occupational attainment. However, there is strong evidence that the effect of the high returns is driven by immigrants from countries where English is not a dominant language. Moreover, returns to UK (higher) degrees are more pronounced for graduates from low‐HDI/GDP countries, suggesting an important role for the incompatibility of education and skills between home and destination countries. We further examine the robustness of our results by using a partial identification method, and our findings suggest that the extent of selection on unobservables required to eliminate a positive treatment effect is too large to be plausible, especially for men. Our study extends previous research with the first evidence from the UK, by showing large positive effects of post‐migration investments in human capital acquisition on labour market outcomes. Obtaining UK higher degrees appears to reduce the informational uncertainty associated with foreign credentials, facilitate cultural and economic assimilation, and boost economic opportunities for foreign graduates, especially for those developing/poor country immigrants.  相似文献   

16.
In times of rapid technological and organisational change, it is argued that lifelong further education becomes more and more important for labour market success. Especially in labour market segments for the highly qualified, it is essential to constantly update one's qualifications. This is reflected in the finding that graduates with tertiary education are closely involved in further training measures at the beginning of their life courses. Almost all take part in at least one further training measure in the first five years after graduation. The further education strategies of higher education graduates, however, vary greatly in terms of frequency of participation, duration of measures, financing of the measure and the type of skills acquired. Using a German graduate panel which traces a sample of graduates up to five years after they obtained their degree in 1997 (HIS Absolventenpanel), we analyse which of these strategies are most successful in terms of wages. Using random effect panel models, we find — controlling for a variety of other factors — that the frequency of participation in further education only has a significant positive influence on male graduates' wages. Moreover, it is mainly measures paid exclusively by the employer and courses directed at personality development, i.e. management skills, which have substantial wage premiums.  相似文献   

17.
This article compares outcomes in the Norwegian labour market for non-Western immigrants and majority colleagues with professional or master’s degrees within three different fields of study: health science, social science and natural science. Professions have a higher degree of occupational closure, which may entail that non-Western immigrants with relevant educations achieve economic parity with the majority. Comparing employment rates and income equality among professionals and others with a master’s degree tests whether the professions in each field yield more egalitarian outcomes. The fields are analysed separately and the results show that a professional degree in natural science or social science has no equalising effect. Education leading to a health profession provides immigrants with a ‘labour market shelter’.  相似文献   

18.
An important issue in the design of secondary-level education is the balance between conveying general and occupation-specific (vocational) skills. On the one hand, vocationally oriented programmes, providing occupation-specific skills with immediate labour market relevance, have repeatedly been shown to secure safe pathways into employment. On the other hand, these programmes tend to put less emphasis on developing general knowledge, skills and competencies, including numeracy and literacy, which are foundational to lifelong learning. Hence, when the needs of the labour market change, employees who opted for a vocational track when they were at secondary school risk being less flexible in adapting to such changes later in their career. The authors of this article examine whether this results in a trade-off between short-term gains and long-term losses by considering differences in the labour market careers of vocationally and generally educated respondents in the 2012 Programme for the International Assessment of Adult Competencies (PIAAC). Their results suggest that early labour market benefits of vocational specialisation decrease over time; the authors relate this to its lower ability to equip secondary school students – future employees – with skills for lifelong learning.  相似文献   

19.
This paper examines the composition of the gender earnings gap among young European higher education graduates, with a particular focus on competencies controlling for individual background and job characteristics. The results show that much of the female worker’s earnings advantage can be explained by job characteristics. With respect to the competencies required at current jobs, we find that foreign language proficiency and computer skills play a large role in explaining part of the female earnings advantage. Additionally, estimation results by each one of the countries included in the analysis show that gender earning gaps are disparate in size as well as in composition.  相似文献   

20.
Underemployment, continued growth in the supply of graduates and seemingly perpetual instability are dominant trends in graduate labour markets. In order to negotiate an increasingly complex career terrain, graduates require sharpened skills in effectively managing their own careers and a strong assurance of their own capabilities. This study focuses on the individual dimensions of perceived employability (PE) and explores perceptions among undergraduates and the associated influence of career management competencies, work experience and individual characteristics. Data were collected for 480 business undergraduates at a UK and Australian university using an online survey. Findings indicate that, overall, undergraduates demonstrated reasonably high levels of PE. Certain career management competencies influenced perceptions, in addition to work experience and individual characteristics. The study is relevant to stakeholders, including educators, employers and students, from developed economies as it highlights coherent strategies to enhance PE among higher education students. These may lead to increased individual success in the labour market and more effective recruitment, retention and performance of new graduates.  相似文献   

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