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The Earnings and Employment Effects of Young People’s Vocational Training in Britain

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  • P.J. Dolton
  • G.H. Makepeace
  • B.M. Gannon

Abstract

We examine the longer run effects of youth training using the Youth Cohort Study Cohort III. These data follow individuals up to the age of 23 while previous studies typically analyse younger people. The problem of attrition is addressed by using an ‘item non‐response’ variable as an instrument to predict drop‐out. We estimate earnings and employment equations to analyse the effects of training. The results contrast with those from previous studies by suggesting there are no adverse employment or earnings effects from government‐sponsored training. We find significant returns to quality training such as degrees and apprenticeships.

Suggested Citation

  • P.J. Dolton & G.H. Makepeace & B.M. Gannon, 2001. "The Earnings and Employment Effects of Young People’s Vocational Training in Britain," Manchester School, University of Manchester, vol. 69(4), pages 387-417, September.
    • Handle: RePEc:bla:manchs:v:69:y:2001:i:4:p:387-417
    DOI: 10.1111/1467-9957.00255
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    Cited by:

    1. Oscar Marcenaro-Gutierrez & Fernando Galindo-Rueda & Anna Vignoles, 2008. "Who actually goes to university?," Studies in Empirical Economics, in: Christian Dustmann & Bernd Fitzenberger & Stephen Machin (ed.), The Economics of Education and Training, pages 79-103, Springer.
    2. Galindo-Rueda, Fernando & Marcenaro-Gutierrez, Oscar & Vignoles, Anna, 2004. "The Widening Socio-Economic Gap in UK Higher Education," National Institute Economic Review, National Institute of Economic and Social Research, vol. 190, pages 75-88, October.
    3. Liliane Bonnal & David Clément & Sylvie Mendes, 2004. "L'accès au premier emploi au cours des années 1990 : le cas des apprentis et des lycéens," Économie et Statistique, Programme National Persée, vol. 378(1), pages 35-53.
    4. Peter Dolton & Yvonne Balfour, 2002. "Der New Deal, “Welfare to Work”‐Programme in Großbritannien," Perspektiven der Wirtschaftspolitik, Verein für Socialpolitik, vol. 3(2), pages 175-187, May.

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