%0 Report %A Hampf, Franziska %A Woessmann, Ludger %T Vocational vs. General Education and Employment over the Life-Cycle: New Evidence from PIAAC %D 2016 %8 2016 Oct %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 10298 %U https://www.iza.org/publications/dp10298 %X It has been argued that vocational education facilitates the school-to-work transition but reduces later adaptability to changing environments. Using the recent international PIAAC data, we confirm such a trade-off over the life-cycle in a difference-in-differences model that compares employment rates across education type and age. An initial employment advantage of individuals with vocational compared to general education turns into a disadvantage later in life. Results are strongest in apprenticeship countries that provide the highest intensity of industry-based vocational education. %K vocational education %K apprenticeship %K employment %K life-cycle %K PIAAC