Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/185194
Authors: 
Böckerman, Petri
Haapanen, Mika
Jepsen, Christopher
Year of Publication: 
2018
Series/Report no.: 
IZA Discussion Papers 11734
Abstract: 
This paper examines the labor-market returns to a new form of postsecondary vocational education, vocational master's degrees. We use individual fixed effects models on the matched sample of students and non-students from Finland to capture any time-invariant differences across individuals. Attendance in vocational master's programs leads to higher earnings of eight percent five years after entry even if selection on unobservables is twice as strong as selection on observables. Earnings gains are similar by gender and age, but they are marginally higher for health than for business or technology and trades.
Subjects: 
vocational education
master's degrees
labor-market returns
JEL: 
J24
I26
Document Type: 
Working Paper
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