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ADULT EDUCATION AND EARNINGS: EVIDENCE FROM BRITAIN
Author(s) -
Silles Mary A.
Publication year - 2007
Publication title -
bulletin of economic research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.227
H-Index - 29
eISSN - 1467-8586
pISSN - 0307-3378
DOI - 10.1111/j.0307-3378.2007.00268.x
Subject(s) - earnings , human capital , human capital theory , economics , variety (cybernetics) , demographic economics , earnings growth , working life , labour economics , male female , adult education , economic growth , finance , philosophy , epistemology , artificial intelligence , computer science , quality (philosophy)
This paper uses the National Child Development Study to investigate the relationship between adult schooling and labour market earnings for men. In line with several other studies, the findings suggest that there are returns to all educational qualifications acquired early in life. A variety of statistical models are estimated to try to measure the causal effect of adult education on earnings. Careful analysis reveals that there are no genuine returns to additional qualifications awarded in middle adulthood. The central conclusion of this paper is that rates of return to human capital are greater for individuals who were educated early in life.