What wages do people expect for vocational and academic education backgrounds in Switzerland?

Autor/in	Cattaneo, Maria A.
Institution	Swiss Leading House
Titel	What wages do people expect for vocational and academic education backgrounds in Switzerland? Gefälligkeitsübersetzung: Welchen Lohn erwartet man in der Schweiz für berufliche und akademische Ausbildungen?.
Quelle	Zürich (2022), 28 S. PDF als Volltext kostenfreie Datei (1); PDF als Volltext kostenfreie Datei (2) Link als defekt meldenVerfügbarkeit
Reihe	Working paper / Swiss Leading House. 197
Sprache	englisch
Dokumenttyp	online; Monographie
Schlagwörter	Lebensalter; Bildungsertrag; Migrationshintergrund; Sozioökonomischer Faktor; Einkommenserwartung; Berufsausbildung; Qualifikation; Ausbildungswahl; Studium; Arbeitspapier; Auswirkung; Einflussfaktor; Geschlechtsspezifik; Regionaler Faktor; Schweiz
Abstract	"Correctly anticipating the earnings for different educational profiles is pivotal in making informed education decisions. In this paper, leveraging unique survey data, we study the wage expectations for academic and vocational education backgrounds in Switzerland. We find significant heterogeneity in the expected wage distributions for given educational profiles and strong differences in wage beliefs by gender, age, socioeconomic status, region of residence, and migration background. Personal reference points seem to matter in forming these wage expectations, and more than half of the respondents overestimate the returns to academic versus vocational education, especially the returns expected at younger ages. The latter is vital for education policy because our analyses show that the expected returns determine preferences for specific educational tracks for the own (hypothetical) child. If education decisions are illinformed, this likely leads to educational mismatches and related adverse effects later in life." The study refers to the period 2019-2020. (Author's abstract, IAB-Doku)..
Erfasst von	Institut für Arbeitsmarkt- und Berufsforschung, Nürnberg
Update	2023/1