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How does mid-age individual’s investment in tertiary education affect the probability to remain in the labor market after 65?

This essay examines whether an investment in tertiary education in mid-age increase the probability to remain in the labor market after age 65 in Sweden. In addition, we analyze whether there is any difference in the probability to continue work after 65 if individuals choose to invest in tertiary education in mid-age or in any other age. This study utilizes already existing data that is a combination of a questionnaire survey and Swedish register data. In the sample there are 5235 individuals who are retired and 881 who are still in the labor market, born between 1938 and 1949. The implemented method is a linear probability model to obtain mean marginal effect. The results indicate that individuals who invested in tertiary education in mid-age have a higher probability to remain in the labor market after 65 than individuals with no tertiary education. There is, however, no statistically significant difference in probability depending on when they decide to invest in tertiary education.

Identiferoai:union.ndltd.org:UPSALLA1/oai:DiVA.org:lnu-85900
Date January 2019
CreatorsLövqvist, Erika, Börjesson, Therése
PublisherLinnéuniversitetet, Institutionen för nationalekonomi och statistik (NS)
Source SetsDiVA Archive at Upsalla University
LanguageEnglish
Detected LanguageEnglish
TypeStudent thesis, info:eu-repo/semantics/bachelorThesis, text
Formatapplication/pdf
Rightsinfo:eu-repo/semantics/openAccess

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