Upcoming Seminars

Professor Antonio Cabrales will present
“Does Dual Vocational Education and Training Pay Off?”
Time: Wednesday 10, April 2024 at 10.30-12.00 PM
Location: University of the Thai Chamber of Commerce,
Building 21, 7th Floor, UC-UTCC Conference Room with Zoom Meeting

This event is part of the Human Capital Development Seminars,
jointly organized by Research Institute for Policy Evaluation and Design (RIPED) and Equitable Education Fund (EEF).

Abstract

This paper analyzes the causal impact of dual vocational education and training (VET) on the labor market insertion of youth. Using matched education and social security records, we estimate the causal impact of a major reform that introduced a new dual track, which combines firm- and school-based training, on the labor market outcomes of the first three dual VET cohorts in the Spanish
region of Madrid. The control group is composed of individuals who graduated in the same fields and years in school-based VET. Selection into dual VET is dealt with using a distance-based instrumental variable. Dual VET is found to generate sizable improvements in employment and earnings, but no significant impact on job quality. The results are not driven by pre-reform differences in the quality of the schools that adopted dual VET and the higher retention rate of dual VET graduates only partly explains the dual premium.

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