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Facing the life-cycle trade-off between vocational and general education in apprenticeship systems: An economics-of-education perspective

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  • Woessmann, Ludger

Abstract

This paper discusses the role of vocational education, and in particular apprenticeship education, in preparing students for the labor market, with a particular focus on a life-cycle perspective in changing economies. The basic idea is that vocational education may facilitate entry into the labor market but hurt employment opportunities later in life because of limited adaptability to changing economic environments. We summarize evidence on the changing effects of vocational education over the life cycle from the international adult achievement tests IALS and PIAAC and country-specific evidence. We then discuss policy implications for elements of future-oriented education systems, especially apprenticeship programs.

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  • Woessmann, Ludger, 2019. "Facing the life-cycle trade-off between vocational and general education in apprenticeship systems: An economics-of-education perspective," Munich Reprints in Economics 78275, University of Munich, Department of Economics.
    • Handle: RePEc:lmu:muenar:78275
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