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It takes three to tango in employment: Matching vocational education organisations, students and companies in labour market

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Author Info

  • Mika Maliranta

    () (The Research Institute of the Finnish Economy (ETLA))

  • Satu Nurmi

    (Statistics Finland)

  • Hanna Virtanen

    (The Research Institute of the Finnish Economy (ETLA))

Abstract

We examine the determinants of labour market status after the initial vocational basic education (ISCED 3) by use of unique linked register data on students, their parents, teachers, educational organisations and business companies in Finland. We distinguish between four outcomes: 1) employment 2) further studies 3) non-employment and 4) drop-out. The explanatory factors are classified into three main groups: the characteristics of 1) the educational organisation and their institutions, 2) the students and 3) the local business conditions. Teaching expenditures do not matter but teachers’ skills do. Parental background plays a central role. Local business development matters for boys.

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Bibliographic Info

Paper provided by University of Zurich, Institute for Strategy and Business Economics (ISU) in its series Economics of Education Working Paper Series with number 0022.

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Length: 40 pages
Date of creation: May 2008
Date of revision:
Handle: RePEc:iso:educat:0022

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Related research

Keywords: Education production; vocational education; employability; further studies; regional development; drop-out;

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References

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  1. Alan B. Krueger & Mikael Lindahl, 2000. "Education for Growth: Why and For Whom?," NBER Working Papers 7591, National Bureau of Economic Research, Inc.
  2. Alan Krueger, 1997. "Experimental Estimates of Education Production Functions," Working Papers 758, Princeton University, Department of Economics, Industrial Relations Section..
  3. Virtanen, Hanna, . "Tulosrahoitusmittariston arviointi - Palkkiomuotoinen tulosrahoitus ammatillisessa peruskoulutuksessa," ETLA B, The Research Institute of the Finnish Economy, number 222.
  4. Hornstein, Andreas & Krusell, Per & Violante, Giovanni L, 2005. "The Effects of Technical Change on Labour Market Inequalities," CEPR Discussion Papers 5025, C.E.P.R. Discussion Papers.
  5. Christian Dustmann & Najma Rajah & Arthur van Soest, 2003. "Class Size, Education, and Wages," Economic Journal, Royal Economic Society, vol. 113(485), pages F99-F120, February.
  6. Joshua D. Angrist & Victor Lavy, 1999. "Using Maimonides' Rule To Estimate The Effect Of Class Size On Scholastic Achievement," The Quarterly Journal of Economics, MIT Press, vol. 114(2), pages 533-575, May.
  7. Ilmakunnas, Pekka & Maliranta, Mika, 2007. "Aging, Labor Turnover and Firm Performance," Discussion Papers 1092, The Research Institute of the Finnish Economy.
  8. Hakkinen, Iida & Kirjavainen, Tanja & Uusitalo, Roope, 2003. "School resources and student achievement revisited: new evidence from panel data," Economics of Education Review, Elsevier, vol. 22(3), pages 329-335, June.
  9. Caroline M. Hoxby, 2000. "The Effects Of Class Size On Student Achievement: New Evidence From Population Variation," The Quarterly Journal of Economics, MIT Press, vol. 115(4), pages 1239-1285, November.
  10. Maliranta, Mika & Nurmi, Satu, 2004. "Do Foreign Players Change the Nature of the Game Among Local Entrepreneurs?," Discussion Papers 942, The Research Institute of the Finnish Economy.
  11. Dinand Webbink, 2005. "Causal Effects in Education," Journal of Economic Surveys, Wiley Blackwell, vol. 19(4), pages 535-560, 09.
  12. Hanushek, Eric A, 1986. "The Economics of Schooling: Production and Efficiency in Public Schools," Journal of Economic Literature, American Economic Association, vol. 24(3), pages 1141-77, September.
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