TY - RPRT AU - Hampf, Franziska AU - Woessmann, Ludger TI - Vocational vs. General Education and Employment over the Life-Cycle: New Evidence from PIAAC PY - 2016/Oct/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 10298 UR - https://www.iza.org/publications/dp10298 AB - 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. KW - vocational education KW - apprenticeship KW - employment KW - life-cycle KW - PIAAC ER -