Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/224006 
Year of Publication: 
2020
Series/Report no.: 
IZA Discussion Papers No. 13564
Publisher: 
Institute of Labor Economics (IZA), Bonn
Abstract: 
Across nations, large proportions of younger birth cohorts obtain no professional qualications. Using a structural dynamic approach, we analyze policies targeted adolescents who leave grade nine with a GPA in the bottom 20%. We find that preparatory courses, offered to young people who are unable to commence a qualifying degree, have no positive impact on future labor market outcomes. Unobservable noncognitive qualities are more important for this group than are cognitive skills. Education is a good option for some, but not for all. Implications for mechanism design and wage support schemes are discussed.
Subjects: 
education
adolescents
structural dynamic programming
JEL: 
I2
I38
Document Type: 
Working Paper

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