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Staying-on at school at sixteen: the impact of labor market conditions in Spain

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  • Petrongolo, Barbara
  • San Segundo, María Jesús

Abstract

Despite the recent increase in educational investment, Spain still ranks towards the bottom of the OECD country list for the level of its human capital stock and the new inflow of high school graduates. We address this issue by empirically investigating the impact of family characteristics and local labor market conditions on the demand for secondary education beyond the age of 16. Our results show that the record levels of Spanish youth unemployment, that should discourage an early entry into the labor market, do not seem to have enhanced substantially the probability of staying on at school at 16. It seems instead that parents' education is the main determinant of enrollment rates in Spain. This sort of inter-generational dependence clearly implies a strong persistence in the Spanish stock of human capital, and a slow convergence towards OECD standards.

Suggested Citation

  • Petrongolo, Barbara & San Segundo, María Jesús, 1998. "Staying-on at school at sixteen: the impact of labor market conditions in Spain," UC3M Working papers. Economics 6076, Universidad Carlos III de Madrid. Departamento de Economía.
    • Handle: RePEc:cte:werepe:6076
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    2. Carlos Giovanni González Espitia & Jhon James Mora Rodriguez & Andres Felipe Cuadros Meñaca, 2014. "Características familiares y oportunidades educativas en Colombia: Un análisis por cohortes," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 5, pages 143-158, Asociación de Economía de la Educación.
    3. Lorena Alcazar & Silvio Rendon & Erik Wachtenheim, 2002. "Working and Studying in Rural Latin America: Critical Decisions of Adolescence," Research Department Publications 3162, Inter-American Development Bank, Research Department.

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