Higher Education and the Determination of Aggregate Male Employment by Age
AbstractThis paper studies the determinants of age-specific employment rates among Swedish males, focusing on the effect of education on employment. We use cohort specific data for the time period 1984-1996 covering cohorts aged 21-45. Two states of the labour market are compared; the high employment period 1984-90 and the recent downturn 1991-96. It is found that aggregate age-group specific employment rates increase with the proportion of the cohort with an academic degree. The effect is stronger in the downturn period as compared to the boom period. However, we do not find any strong evidence in favour of the hypothesis that the effect of higher education on employment is declining with age. Estimations to capture crowding out effects between age-groups indicate larger effects in times of high employment when the own cohort effect is weaker.
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Bibliographic InfoPaper provided by Umeå University, Department of Economics in its series Umeå Economic Studies with number 520.
Length: 21 pages
Date of creation: 01 Sep 2000
Date of revision:
Contact details of provider:
Postal: Department of Economics, Umeå University, S-901 87 Umeå, Sweden
Phone: 090 - 786 61 42
Fax: 090 - 77 23 02
Web page: http://www.econ.umu.se/
More information through EDIRC
Education; Crowding-out; Employment;
Other versions of this item:
- Anders Stenberg & Magnus Wikstrom, 2004. "Higher Education and the Determination of Aggregate Male Employment by Age," Education Economics, Taylor and Francis Journals, vol. 12(1), pages 87-101.
- J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-06-08 (All new papers)
- NEP-LAB-2001-06-08 (Labour Economics)
- NEP-LTV-2001-06-08 (Unemployment, Inequality & Poverty)
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