de Luna, Xavier () (Department of Statistics, Umeå University) Stenberg, Anders () (SOFI, Stockholm University) Westerlund, Olle () (Department of Economics, Umeå University)
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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 an-nual 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 propen-sity 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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Paper provided by Umeå University, Department of Economics in its series Umeå Economic Studies with number
756.
Length: 18 pages Date of creation: 11 Nov 2008 Date of revision: Handle: RePEc:hhs:umnees:0756
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 Email: Web page: http://www.econ.umu.se/ More information through EDIRC
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Find related papers by JEL classification: H52 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Education H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions H75 - Public Economics - - State and Local Government; Intergovernmental Relations - - - Health, Education, and Welfare I28 - Health, Education, and Welfare - - Education - - - Government Policy J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped J26 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Retirement; Retirement Policies
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