It takes three to tango in employment: matching vocational education organisations, students and companies in the labour market

We examine the determinants of labour market status after the International Standard Classification of Education (ISCED) by use of unique linked register data on students, their parents, teachers, educational organisations and business companies in Finland. We distinguish between four outcomes: (1) employment; (2) further studies; (3) non-employment; and (4) drop-out. The explanatory factors are classified into the characteristics of three main groups: (1) educational organisations and their institutions; (2) students; and(3) local business conditions. Teaching expenditures do not matter...  [+] Show more

We examine the determinants of labour market status after the International Standard Classification of Education (ISCED) by use of unique linked register data on students, their parents, teachers, educational organisations and business companies in Finland. We distinguish between four outcomes: (1) employment; (2) further studies; (3) non-employment; and (4) drop-out. The explanatory factors are classified into the characteristics of three main groups: (1) educational organisations and their institutions; (2) students; and(3) local business conditions. Teaching expenditures do not matter but teachers’ skills do. Parental background plays a central role. Local business development matters for boys.

Published abstract.