1 Department of Economics, Aarhus School of Business, Aarhus BSS, Aarhus University2 Centre for Research in Integration, Education, Qualifications and Marginalization (CIM), Aarhus School of Business, Aarhus BSS, Aarhus University3 Department of Economics and Business Economics, Aarhus BSS, Aarhus University4 Department of Economics and Business Economics, Aarhus BSS, Aarhus University
To provide empirical evidence on differences across high school tracks in early occupational labour market outcome, I estimate how the employment probability, the time before the first job is taken up, and earnings depend on high school type, controlling for student characteristics by a propensity score matching "average treatment on the treated" estimation method. I find that technical education enhances employment probability and shortens the time to get the first job, and also to a less extent increases early earnings. These results indicate that, for those youths going on the labour market immediately after high school, technical education is better than other educational tracks in terms of early labour market outcomes three years after graduation.
Giornale Degli Economisti E Annali Di Economia, 2007, Vol 66, Issue 2, p. 247-294
Matching estimator; Multiple treatment; Returns to education; Selection bias