Trends in the Payoff to Academic and Occupation-Specific Skills: The Short and Midium Run Returns to Academic and Vocational High School Courses for Non-College Bound Students
AbstractUsing data from three longitudinal surveys of American high school students, I show that vocational courses helped non-college-bound-students to start their work life more successfully, in terms of steadier employment, higher wages and higher earnings. A comparison of the returns to academic and vocational course work for non-college bound students who graduated in 1972, 1980 and 1992 finds that the short and medium term payoffs to vocational courses rose substantially between 1972 and 1980 and remained high in 1992. Holding past and present school attendance and a host of other variables constant, academic course work in high school had much smaller labor market payoffs than vocational course work. These findings contradict the oft repeated claim that employers now seek workers with a good general education and are happy to teach the occupation specific skills necessary to do the job. Instead, they imply that the payoff to the occupation specific skills developed in schools has risen along with the payoff to generic academic skills.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Cornell - Center for Advanced Human Resource Studies in its series Papers with number 98-07.
Length: 38 pages
Date of creation: 1998
Date of revision:
Contact details of provider:
Postal: U.S.A.; Cornell University. Center for Advanced Human Resource Studies, IRL School. Ithaca, NY 14653-3901
Other versions of this item:
- Mane, Ferran, 1999. "Trends in the payoff to academic and occupation-specific skills: the short and medium run returns to academic and vocational high school courses for non-college-bound students," Economics of Education Review, Elsevier, vol. 18(4), pages 417-437, October.
- I20 - Health, Education, and Welfare - - Education - - - General
- I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Kang, Suk & Bishop, John, 1989. "Vocational and academic education in high school: Complements or substitutes?," Economics of Education Review, Elsevier, vol. 8(2), pages 133-148, April.
- Humburg Martin & Grip Andries de & Velden Rolf van der, 2012.
"Which skills protect graduates against a slack labour market?,"
ROA Research Memorandum
001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Humburg Martin & Grip Andries de & Velden Rolf van der, 2012. "Which skills protect graduates against a slack labour market?," Research Memorandum 002, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
- Roberto Agodini & Stacey Uhl & Timothy Novak, 2004. "Factors That Influence Participation In Secondary Vocational Education," Mathematica Policy Research Reports 3148, Mathematica Policy Research.
- Heijke Hans & Meng Christoph, 2007. "Discipline-specific and academic competencies of the higher educated: their value in the labour market and their acquisition in education," ROA Working Paper 001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Eichhorst, Werner & Rodríguez-Planas, Núria & Schmidl, Ricarda & Zimmermann, Klaus F., 2012. "A Roadmap to Vocational Education and Training Systems Around the World," IZA Discussion Papers 7110, Institute for the Study of Labor (IZA).
- Jonathan Meer, 2005.
"Evidence on the Returns to Secondary Vocational Education,"
04-014, Stanford Institute for Economic Policy Research.
- Meer, Jonathan, 2007. "Evidence on the returns to secondary vocational education," Economics of Education Review, Elsevier, vol. 26(5), pages 559-573, October.
- Tyler, John H., 2004.
"Basic skills and the earnings of dropouts,"
Economics of Education Review,
Elsevier, vol. 23(3), pages 221-235, June.
- Heijke,Hans & Meng,Christoph & Ramaekers,Ger, 2003. "An investigation into the role of human capital competences and their pay-off," ROA Research Memorandum 001, Maastricht University, Research Centre for Education and the Labour Market (ROA).
- Hall, Caroline, 2013.
"Does more general education reduce the risk of future unemployment? Evidence from labor market experiences during the Great Recession,"
Working Paper Series, Center for Labor Studies
2013:10, Uppsala University, Department of Economics.
- Hall, Caroline, 2013. "Does more general education reduce the risk of future unemployment? Evidence from labor market experiences during the Great Recession," Working Paper Series 2013:17, IFAU - Institute for Evaluation of Labour Market and Education Policy.
- Verhaest, Dieter & Omey, Eddy, 2009. "The relation between formal education and skill acquisition in young workers first job," Working Papers 2009/07, Hogeschool-Universiteit Brussel, Faculteit Economie en Management.
- Dario Pozzoli, 2007. "High Schools and Labour Market Outcomes: Italian Graduates," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 66(2), pages 247-294, July.
- Biesma, R.G. & Pavlova, M. & van Merode, G.G. & Groot, W., 2007. "Using conjoint analysis to estimate employers preferences for key competencies of master level Dutch graduates entering the public health field," Economics of Education Review, Elsevier, vol. 26(3), pages 375-386, June.
- Natalia Shmatko, 2013. "Graduates’ Competencies For The Innovation Labour Market," HSE Working papers WP BRP 13/STI/2013, National Research University Higher School of Economics.
- Mañé Vernet, Ferran & Miravet, Daniel, 2010. "An investigation on the pay-off to generic competences for core employees in Catalan manufacturing firms," Working Papers 2072/179595, Universitat Rovira i Virgili, Department of Economics.
- Miller, Luke C. & Mittleman, Joel, 2012. "High Schools That Work and college preparedness: Measuring the model's impact on mathematics and science pipeline progression," Economics of Education Review, Elsevier, vol. 31(6), pages 1116-1135.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Thomas Krichel).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.