lnu.sePublications
Change search
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf
Flexibility at a cost - Should governments stimulate tertiary education for adults?
Linnaeus University, School of Business and Economics, Department of Economics and Statistics. Stockholm University;IZA, Germany.ORCID iD: 0000-0003-3024-9862
Umeå University.
2016 (English)In: Journal of the Economics of Ageing, ISSN 2212-828X, Vol. 7, p. 69-86Article in journal (Refereed) Published
Abstract [en]

Most OECD countries experience high unemployment rates and declining growth in higher educational attainment. An often suggested government policy is therefore to allocate resources towards formal schooling for adults. However, returns on such investments are uncertain and the foregone earnings are potentially large. We use Swedish population register data from 1982 to 2011 to estimate average long run earnings returns on higher education for 29- to 55-year-olds who enrolled 1992-1993. We find substantial positive estimates, but these only fully emerge after approximately ten years. Nevertheless, calculations indicate that the benefits for society exceed the costs also under fairly pessimistic assumptions. Also, the estimated returns in this study are more than twice the size compared with earlier studies of Swedish adults who enrolled AE at the upper secondary level. (C) 2016 Elsevier B.V. All rights reserved.

Place, publisher, year, edition, pages
Elsevier, 2016. Vol. 7, p. 69-86
Keywords [en]
Adult education, Human capital, Earnings
National Category
Economics and Business
Research subject
Economy, Economics
Identifiers
URN: urn:nbn:se:lnu:diva-70981DOI: 10.1016/j.jeoa.2016.01.001ISI: 000377117700009OAI: oai:DiVA.org:lnu-70981DiVA, id: diva2:1183622
Available from: 2018-02-19 Created: 2018-02-19 Last updated: 2018-02-19Bibliographically approved

Open Access in DiVA

No full text in DiVA

Other links

Publisher's full text

Authority records BETA

Stenberg, Anders

Search in DiVA

By author/editor
Stenberg, Anders
By organisation
Department of Economics and Statistics
Economics and Business

Search outside of DiVA

GoogleGoogle Scholar

doi
urn-nbn

Altmetric score

doi
urn-nbn
Total: 4 hits
CiteExportLink to record
Permanent link

Direct link
Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf