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Medium and long-term returns to professional education in Switzerland: explaining differences between occupational fields
[journal article]
Abstract In Switzerland, initial vocational education and training graduates may enter a track of the tertiary system called professional education. Professional education represents about one-third of the tertiary system, includes numerous vocational training courses, and prepares for managerial or expert p... view more
In Switzerland, initial vocational education and training graduates may enter a track of the tertiary system called professional education. Professional education represents about one-third of the tertiary system, includes numerous vocational training courses, and prepares for managerial or expert positions. Despite its prevalence, the long-term returns to professional education have rarely been investigated due to lacking data. In order to fill this gap, we will estimate the long-term returns to professional education based on a novel methodological design. Secondly, we aim to explain the differences in the returns to professional education between occupational fields by making use of the task-based approach of Autor, Levy and Murnane (2003). Analyses are based on the Swiss Labour Force Survey from 1991-2016. Based on a quasi-panel with cohort fixed effects and on linear regression models, our results reveal average short-term returns to professional education of 7% and long-term returns of 11%. However, we find considerable differences in the returns between training fields, which can partly be attributed to differences in the change of task composition after completion of professional education between occupations.... view less
Keywords
vocational education; Switzerland; training; graduate
Classification
Vocational Training, Adult Education
Occupational Research, Occupational Sociology
Free Keywords
initial vocational education and training; professional education; returns to education; work tasks
Document language
English
Publication Year
2019
Page/Pages
p. 136-153
Journal
Social Inclusion, 7 (2019) 3
Issue topic
Types of education, achievement and labour market integration over the life course
ISSN
2183-2803
Status
Published Version; peer reviewed