publication . Article . Research . 2018

Where Are the Returns to Lifelong Learning

Coelli, Michael; Tabasso, Domenico;
Open Access
  • Published: 22 May 2018 Journal: SSRN Electronic Journal (eissn: 1556-5068, Copyright policy)
  • Publisher: Elsevier BV
Abstract
We investigate the labour market determinants and outcomes of adult participation in formal education (lifelong learning) in Australia, a country with high levels of adult education. Employing longitudinal data and fixed effects methods allows identification of effects on outcomes free of ability bias. Different trends in outcomes across groups are also allowed for. The impacts of adult education differ by gender and level of study, with small or zero labour market returns in many cases. Wage rates only increase for males undertaking university studies. For men, vocational education and training (VET) lead to higher job satisfaction and fewer weekly hours. For w...
Subjects
free text keywords: J24, J28, I23, I28, adult education, lifelong learning, vocational studies, returns to education, Economics and Econometrics, Statistics and Probability, Social Sciences (miscellaneous), Mathematics (miscellaneous), ddc:330
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