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

Author

Listed:
  • 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.

Suggested Citation

  • Mika Maliranta & Satu Nurmi & Hanna Virtanen, 2008. "It takes three to tango in employment: Matching vocational education organisations, students and companies in labour market," Economics of Education Working Paper Series 0022, University of Zurich, Department of Business Administration (IBW).
  • Handle: RePEc:iso:educat:0022
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    File URL: http://repec.business.uzh.ch/RePEc/iso/leadinghouse/0022_lhwpaper.pdf
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    References listed on IDEAS

    as
    1. Alan B. Krueger, 1999. "Experimental Estimates of Education Production Functions," The Quarterly Journal of Economics, Oxford University Press, vol. 114(2), pages 497-532.
    2. Mikael Lindahl & Alan B. Krueger, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December.
    3. Virtanen, Hanna, . "Tulosrahoitusmittariston arviointi - Palkkiomuotoinen tulosrahoitus ammatillisessa peruskoulutuksessa," ETLA B, The Research Institute of the Finnish Economy, number 222, March.
    4. Caroline M. Hoxby, 2000. "The Effects of Class Size on Student Achievement: New Evidence from Population Variation," The Quarterly Journal of Economics, Oxford University Press, vol. 115(4), pages 1239-1285.
    5. Hornstein, Andreas & Krusell, Per & Violante, Giovanni L., 2005. "The Effects of Technical Change on Labor Market Inequalities," Handbook of Economic Growth,in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 20, pages 1275-1370 Elsevier.
    6. Ilmakunnas, Pekka & Maliranta, Mika, 2007. "Aging, Labor Turnover and Firm Performance," Discussion Papers 1092, The Research Institute of the Finnish Economy.
    7. Christian Dustmann & Najma Rajah & Arthur van Soest, 2003. "Class Size, Education, and Wages," Economic Journal, Royal Economic Society, vol. 113(485), pages 99-120, February.
    8. 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 1141-1177, September.
    9. 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.
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    11. 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.
    12. Dinand Webbink, 2005. "Causal Effects in Education," Journal of Economic Surveys, Wiley Blackwell, vol. 19(4), pages 535-560, September.
    13. Joshua D. Angrist & Victor Lavy, 1999. "Using Maimonides' Rule to Estimate the Effect of Class Size on Scholastic Achievement," The Quarterly Journal of Economics, Oxford University Press, vol. 114(2), pages 533-575.
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    More about this item

    Keywords

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

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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