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The Decision to Return to Full-time Education

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Author Info
Wayne Thomas
Abstract

In the UK, there is a relatively high incidence of people returning to education after having left to take-up full-time employment. This might represent a society functioning properly; people renew their skills as newly opened areas of opportunity are identified. On the contrary, it might signify that they were ill advised to leave full-time education in the first place—mismatch. This paper uses National Child Development Survey data in order to identify individuals who return to full-time education. The background characteristics of returnees are examined and a model of the decision to return is estimated. It is found that the decision to return is in part explained by background, suggesting that initial mismatch does in part explain the decision to return to education.

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Publisher Info
Article provided by Taylor and Francis Journals in its journal Education Economics.

Volume (Year): 9 (2001)
Issue (Month): 1 (April)
Pages: 37-51
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Handle: RePEc:taf:edecon:v:9:y:2001:i:1:p:37-51

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References listed on IDEAS
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  1. Miller, Robert A, 1984. "Job Matching and Occupational Choice," Journal of Political Economy, University of Chicago Press, vol. 92(6), pages 1086-120, December. [Downloadable!] (restricted)
  2. Peter Schmidt & Ann Dryden Witte, 1989. "Predicting Criminal Recidivism Using "Split Population" Survival Time Models," NBER Working Papers 2445, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  3. Keane, Michael P & Wolpin, Kenneth I, 1994. "The Solution and Estimation of Discrete Choice Dynamic Programming Models by Simulation and Interpolation: Monte Carlo Evidence," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 648-72, November. [Downloadable!] (restricted)
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  4. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages S11-44, August. [Downloadable!] (restricted)
  5. Robert J. Willis & Sherwin Rosen, 1980. "Education and Self-Selection," NBER Working Papers 0249, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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