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In this paper, we will compare the labour-market position of graduates from two types of higher education in the Netherland; higher vocational education in Economics and Business Administration, on the one hand, and Business Administration, on the other. We will do this in the ligth of different labour-market theories. According to the offical views, the differences between university education and higher vocational education are certainly not primarly caused by differences in level, but rather by differences in educational objectives. The results of the study carried out with respest to the labour-market position of graduates from these two types of economic studies, however, show that the university study generates more human capital than the higher-vocational study. With regard to the theoretical setting chosen, these results arer the most in line with the human-capital theory and the job-matching thoery.
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Heijke et al. (1999) studied this question.
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