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It Takes Three to Tango in Employment: Matching Vocational Education, Organizations and Students and Companies in Labour market

Author

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  • Maliranta, Mika
  • Nurmi, Satu
  • Virtanen, Hanna

Abstract

We examine the determinants of labour market status after the initial vocational basic education (ISCED 3) by use of unique linked register data on students, their parents, teachers, educational organisations and business companies in Finland. We distinguish between four outcomes : 1) employment 2) further studies 3) non-employment and 4) drop-out. The explanatory factors are classified into three main groups : the characteristics of 1) the educational organisation and their institutions, 2) the students and 3) the local business conditions. Teaching expenditures do not matter but teachers skills do. Parental background plays a central role. Local business development matters for boys.

Suggested Citation

  • Maliranta, Mika & Nurmi, Satu & Virtanen, Hanna, 2007. "It Takes Three to Tango in Employment: Matching Vocational Education, Organizations and Students and Companies in Labour market," Discussion Papers 1111, The Research Institute of the Finnish Economy.
    • Handle: RePEc:rif:dpaper:1111
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    More about this item

    Keywords

    education production; vocational education; employability; further studies; regional development; drop-out;
    All these keywords.

    JEL classification:

    • H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education
    • I21 - Health, Education, and Welfare - - Education - - - Analysis of Education
    • J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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