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Can Adult Education Delay Retirement from the Labour Market?

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Author Info

  • de Luna, Xavier

    ()
    (Dept. of Statistics, Umeå University)

  • Stenberg, Anders

    ()
    (Swedish Institute for Social Research, Stockholm University)

  • Westerlund, Olle

    ()
    (Dept. of Economics, Umeå University)

Abstract

Several studies have suggested that education is associated with later retirement from the labour market. In this paper, we examine whether adult education, involving enrolees aged 42 or above, delays retirement to potentially increase labour force participation among the elderly. With Swedish register data of transcripts from adult education and annual earnings, which encompasses 1979-2004 and 1982-2004 respectively, we exploit the fact that adult education is a large-scale phenomenon in Sweden and construct a measure of the timing of the transition from being self-supported by productive work to being supported by pension transfers. We match samples of treated and controls on the propensity score and use non-parametric estimation of survival rates. The results indicate that adult education has no effect on the timing of the retirement from the labour force. This can be contrasted with the fact that adult education is one of the cornerstones of the OECD strategy for “active ageing” and the European Union’s “Lisbon strategy” for growth and jobs.

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Bibliographic Info

Paper provided by Swedish Institute for Social Research in its series Working Paper Series with number 6/2008.

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Length: 18 pages
Date of creation: 03 Nov 2008
Date of revision:
Publication status: Forthcoming as de Luna, Xavier, Anders Stenberg and Olle Westerlund, 'Can Adult Education Delay Retirement from the Labour Market?' in Journal of Population Economics.
Handle: RePEc:hhs:sofiwp:2008_006

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Postal: SOFI, Stockholm University, SE-10691 Stockholm, Sweden
Phone: (0)8 - 16 32 48
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Keywords: Human capital; Pensions; Elderly; Adult schooling;

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References

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Citations

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Cited by:
  1. Schulte-Braucks, Philipp, 2013. "Von Schweden lernen: Weiterbildung gering Qualifizierter im Rahmen der kommunalen Erwachsenenbildung (Komvux)," Discussion Papers, Research Unit: Skill Formation and Labor Markets SP I 2013-502, Social Science Research Center Berlin (WZB).
  2. Guido Schwerdt & Dolores Messer & Ludger Woessmann & Stefan C. Wolter, 2011. "Effects of Adult Education Vouchers on the Labor Market: Evidence from a Randomized Field Experiment," CESifo Working Paper Series 3331, CESifo Group Munich.
  3. Mona Larsen & Peder Pedersen, 2013. "To work, to retire – or both? Labor market activity after 60," IZA Journal of European Labor Studies, Springer, Springer, vol. 2(1), pages 1-20, December.
  4. Anders Stenberg & Olle Westerlund, 2013. "Education and retirement: does University education at mid-age extend working life?," IZA Journal of European Labor Studies, Springer, Springer, vol. 2(1), pages 1-22, December.
  5. Monika Riedel & Helmut Hofer, 2013. "Determinants of the Transition from Work into Retirement," NRN working papers, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria 2013-10, The Austrian Center for Labor Economics and the Analysis of the Welfare State, Johannes Kepler University Linz, Austria.
  6. Anna Ruzik-Sierdzinska & Claudia Villosio & Michele Belloni & Maciej Lis & Monika Potoczna, 2013. "Age and productivity. Human Capital Accumulation and Depreciation," CASE Network Reports 0114, CASE-Center for Social and Economic Research.
  7. Kristensen, Nicolai, 2012. "Training and Retirement," IZA Discussion Papers 6301, Institute for the Study of Labor (IZA).

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