Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228830
Authors: 
Hartog, Joop
Raposo, Pedro S.
Reis, Hugo
Year of Publication: 
2021
Series/Report no.: 
GLO Discussion Paper No. 769
Abstract: 
We document and analyse the wage gap between vocational and general secondary education in Portugal between 1994 and 2013. As Portuguese workers have been educated in different school systems, we have to distinguish birth cohorts. Analysing the wage gaps within cohorts, we find no support for the human capital prediction of crossing wage profiles and no support either for the hypothesis that general graduates increasingly outperform vocational graduates in late career. We discover that the lifecycle wage profiles have shifted over time. We link the pattern of shifting cohort profiles to changes in the school system and in the structure of labour demand. We conclude that assessing the relative value of vocational education requires to assess how the vocational curriculum responds to changes in economic structure and technology. We show that the decline in assortative matching between workers and firms has benefitted vocationally educated workers.
Subjects: 
returns to education
vocational wage gap
worker-firm allocation
JEL: 
J31
I26
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.