The Long-Term Earnings Impact of Post-Secondary Education Following Job Loss
Government of Canada - Business & Labour Market Analysis Division
University of Nottingham - School of Economics
Peter W. Wright
University of Sheffield - Faculty of Social Sciences
March 31, 2011
Statistics Canada Analytical Branch Studies Working Paper No. 334
In this study, the long-term impact on earnings of attending post-secondary education institutions following job loss is estimated using a large longitudinal administrative database of Canadian workers. A difference-in-difference model is used for this purpose. The results suggest that, over the period spanning five years preceding and nine years following job loss, workers who attended post-secondary education shortly after displacement saw their earnings increase by almost $7,000 more than displaced workers who did not. Significant benefits are found by sex, age, marital status, and union coverage, with the exception of men aged 35 to 44 years. Despite the benefits of education, job displacement is found to be associated with only a modest increase in post-secondary education attendance for all groups examined.
Number of Pages in PDF File: 30
Keywords: earnings, postsecondary education, salaries and wages, benefits of education
JEL Classification: J31, E24, I21, J15working papers series
Date posted: March 1, 2012 ; Last revised: March 3, 2012
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