Develops a human-capital model to illustrate earnings forecasts of British 16- to 19-year olds following different vocational qualifications. Uses General Household Survey data to explore expected lifetime earning and compares these with competing academic and labor-market options. Inadequate returns to low-level vocational qualifications may…

Analyzes the wage effects of different types of education in The Netherlands, using a generalized version of the dummy endogenous variable model and distinguishing among seven types of education: general, agricultural, technical, medical, teacher, economic/administrative, and other education. Findings show that technical education yields lower…