@TechReport{iza:izadps:dp13739,
            	author={Brunello, Giorgio},
            	title={Happier with Vocational Education?},
            	year={2020},
	month={Sep},
            	institution={Institute of Labor Economics (IZA)},
            	address={Bonn},
            	type={IZA Discussion Paper},
            	number={13739},
            	url={https://www.iza.org/publications/dp13739},
	abstract={Using Italian data, I study the relationship between vocational education and self-reported happiness by focusing on individuals with at least a five-years high school degree, either vocational or academic. My instrumental variable strategy shows that individuals who have completed a vocational high school are more likely to report a high level of happiness than individuals who have completed an academic degree. I find no clear evidence that vocational graduates have a lower probability to be employed or earn lower wages than other graduates. I show that they live more than other graduates in small towns, where prices are lower and social life more rewarding, and have a less privileged parental background. Both facts may lead to more moderate aspirations and therefore contribute to higher happiness.},
	keywords={happiness;vocational education;Italy},
            }