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The Earnings and Employment Effects of Young People's Vocational Training in Britain

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  • Dolton, P J
  • Makepeace, G H
  • Gannon, B M

Abstract

We examine the longer run effects of youth training using the Youth Cohort Study Cohort III. These data follow individuals up to the age of 23 while previous studies typically analyse younger people. The problem of attrition is addressed by using an "item non-response" variable as an instrument to predict drop-out. We estimate earnings and employment equations to analyse the effects of training. The results contrast with those from previous studies by suggesting there are no adverse employment or earnings effects from government-sponsored training. We find significant returns to quality training such as degrees and apprenticeships. Copyright 2001 by Blackwell Publishers Ltd and The Victoria University of Manchester

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Bibliographic Info

Article provided by University of Manchester in its journal Manchester School.

Volume (Year): 69 (2001)
Issue (Month): 4 (September)
Pages: 387-417

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Handle: RePEc:bla:manchs:v:69:y:2001:i:4:p:387-417

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Cited by:
  1. Liliane Bonnal & David Clément & Sylvie Mendes, 2005. "Access To a First Job in The 1990s: The Case of Apprentices and Secondary School Pupils," Economie et Statistique, Institut National de la Statistique et des Etudes Economiques, vol. 378, pages 35-53, July.
  2. Fernando Galindo-Rueda & Oscar Marcenaro & Anna Vignoles, 2004. "The Widening Socio-Economic Gap in UK Higher Education," CEE Discussion Papers 0044, Centre for the Economics of Education, LSE.
  3. Oscar Marcenaro-Gutierrez & Fernando Galindo-Rueda & Anna Vignoles, 2007. "Who actually goes to university?," Empirical Economics, Springer, vol. 32(2), pages 333-357, May.
  4. Peter Dolton & Yvonne Balfour, 2002. "Der New Deal, "Welfare to Work"-Programme in Gro�britannien," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 3(2), pages 175-187, 05.

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