Working Paper Series,
Stockholm University, Swedish Institute for Social Research

Abstract: Evaluations of adults in formal education (AE) are typically based on earnings measured 5-10 years after program enrollment. This paper estimates returns up to 24 years after enrollment, and explore results for 15 cohorts of first-time registered in AE in Sweden 1994-2008 with at least a 10-year follow-up period. The results indi-cate substantially higher payoffs in absolute terms after the maximum length of fol-low-up compared with after 10 years. There is also weak support that multiplier ef-fects increase the percentage returns to AE over time, regardless of gender or whether the level of AE is college or high school.

Keywords: Adult education; Self-selection; Propensity score matching

JEL-codes: H30; H52; I20; J24; O30

Language: English

53 pages, First version: February 1, 2022. Revised: June 14, 2022. Earlier revisions: June 14, 2022.

Full text files

FULLTEXT02.pdf  Full text

Download statistics

• Stockholm University, Swedish Institute for Social Research
• Ordering Working Papers
• Home page for this series

Questions (including download problems) about the papers in this series should be directed to Daniel Rossetti ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:sofiwp:2022_001This page generated on 2024-09-13 22:17:10.