
G. Monusova, Institute of World Economy and International Relations, Russian Academy of Sciences (IMEMO RAN), 23 Profsoyuznaya Str., Moscow, 117997, Russian Federation (g.monusova@gmail.com)
Abstract. Educational attainment and vocational training are important components of the human capital and they both show large cross-country variation. Large differences in vocational training between countries have two major interconnected explanations. The first one deals with structural differences in technological structure of labour demand, while the second one associates incidence of on-the-job training with institutional environment fertile for high tech developments.
Keywords: general education, tertiary education, vocational training, skills formation, human capital, on-the-job training, institutional models of economies, European Social Survey
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