Biavaschi, Costanza Eichhorst, Werner Giulietti, Corrado Kendzia, Michael Jan Muravyev, Alexander Pieters, Janneke Rodríguez-Planas, Nuría Schmidl, Ricarda Zimmermann, Klaus F.
Year of Publication:
Discussion Paper Series, Forschungsinstitut zur Zukunft der Arbeit 6890
This paper focuses on the determinants of the labor market situation of young people in developed countries and the developing world, with a special emphasis on the role of vocational training and education policies. We highlight the role of demographic factors, economic growth and labor market institutions in explaining young people's transition into work. We then assess differences in the setup and functioning of the vocational education and training policies in major world regions, as an important driver of differential labor market situation of youth. Based on our analysis we argue in favor of vocational education and training systems combining work experience and general education and give some policy recommendations regarding the implementation of education and training systems adapted to a country's economic and institutional context.
vocational education and training dual vocational training youth employment youth unemployment