Title: General Education, Vocational Education, and Wage Growth over the Lifecycle
Abstract: Using data from the Swiss Labor Force Survey (1998-2006), we estimate the wage returns to job tenure, general experience, occupational experience, and industrial experience. General labor market experience appears to be the far most important determinant of lifecycle wage growth, occupational experience having a positive but quantitatively weaker impact. When occupational experience is included in the wage equation, the returns to tenure and industrial experience become negligible and nonsignificant. Regarding education types, individuals with apprenticeship training constitute a special group. Their returns to general experience are lower than both those of the less- and the more-educated, even though their educational attainment places them in between. The type of education thus matters more than education length in determining wage growth.
Publication Year: 2011
Publication Date: 2011-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 3
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