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E-Plattform für Erwachsenenbildung in Europa



Where are the returns to lifelong learning?

Sprache: EN

Eingesandt von Hakan YANDIM

Participation in formal education during adulthood (ages 25 to 54) is a key part of lifelong learning. Employing unique longitudinal data for Australia, we highlight the prevalence of such study, the varied reasons for undertaking it (consumption, career development, job and home disruption), and investigate whether it is socially valuable. Our more detailed estimates of the labour market return to adult education (wage rates, employment, hours of work and occupational status) confirm previous studies that generally found such returns to be small and isolated. We contribute to this literature by also estimating the effect of adult education on job satisfaction and satisfaction with employment opportunities. Increases in satisfaction help rationalise the education enrolment decisions of these adults.

Autor(en) der Ressource: 
Michael Coelli* and Domenico Tabasso†
Datum der Veröffentlichung:
Freitag, 13 September, 2019
Sprache des Dokuments
Art der Ressource: 
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