Medium and Long-Term Returns to Professional Education in Switzerland: Explaining Differences between Occupational Fields

In Switzerland, initial vocational education and training graduates may enter a track of the tertiary system called professional education. Professional education represents about one-third of the tertiary system, includes numerous vocational training courses, and prepares for managerial or expert p...

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Bibliographic Details
Published in:Social Inclusion
Authors: Sander, Fabian (Author) ; Kriesi, Irene 1969- (Author)
Format: Electronic Article
Language:English
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Published: Cogitatio Press 2019
In: Social Inclusion
Further subjects:B initial vocational education and training
B work tasks
B professional education
B returns to education
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Summary:In Switzerland, initial vocational education and training graduates may enter a track of the tertiary system called professional education. Professional education represents about one-third of the tertiary system, includes numerous vocational training courses, and prepares for managerial or expert positions. Despite its prevalence, the long-term returns to professional education have rarely been investigated due to lacking data. In order to fill this gap, we will estimate the long-term returns to professional education based on a novel methodological design. Secondly, we aim to explain the differences in the returns to professional education between occupational fields by making use of the task-based approach of Autor, Levy and Murnane (2003). Analyses are based on the Swiss Labour Force Survey from 1991-2016. Based on a quasi-panel with cohort fixed effects and on linear regression models, our results reveal average short-term returns to professional education of 7% and long-term returns of 11%. However, we find considerable differences in the returns between training fields, which can partly be attributed to differences in the change of task composition after completion of professional education between occupations.
ISSN:2183-2803
Contains:Enthalten in: Social Inclusion
Persistent identifiers:DOI: 10.17645/si.v7i3.2042