General Education, Vocational Education, and Labor-Market Outcomes over the Life-Cycle
---- Acknowledgements -----
We thank participants at the CESifo area meeting in the Economics of Education in Munich, in particular Stefan Wolter, Sue Dynarski, Lance Lochner, and Holger Sieg, for valuable discussion and comments. Hanushek was supported by the Packard Humanity Institute. Woessmann gratefully acknowledges support from the Pact for Research and Innovation of the Leibniz Association. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.