Details
Original language | English |
---|---|
Pages (from-to) | 166-186 |
Number of pages | 21 |
Journal | Economics of Education Review |
Volume | 72 |
Early online date | 29 May 2019 |
Publication status | Published - Oct 2019 |
Abstract
We propose a regression-adjusted matched difference-in-differences framework to estimate pecuniary and non-pecuniary returns to adult education. This approach combines kernel matching with entropy balancing to account for selection bias and sorting on gains. Using data from the German SOEP, we evaluate the effect of work-related training, which represents the largest portion of adult education in OECD countries, on individual social capital and earnings. As the related literature, we estimate positive monetary returns to work-related training. In addition, training participation increases participation in civic, political, and cultural activities while not crowding out social participation. Results are robust against a variety of potentially confounding explanations. These findings imply positive externalities from work-related training over and above the well-documented labor market effects.
Keywords
- Earnings, Entropy balancing, Matched difference-in-differences approach, Social capital, Work-related training
ASJC Scopus subject areas
- Social Sciences(all)
- Education
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
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In: Economics of Education Review, Vol. 72, 10.2019, p. 166-186.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - The benefits of adult learning
T2 - Work-related training, social capital, and earnings
AU - Ruhose, Jens
AU - Thomsen, Stephan L.
AU - Weilage, Insa
N1 - Funding Information: Previous versions of this paper have been circulated under the title “Wider Benefits from Continuous Work-Related Training” and “The Wider Benefits of Adult Learning: Work-Related Training and Social Capital.” We are grateful to Guido Heineck, Sandra McNally, Jens Mohrenweiser, Ina Rüber, Josef Schrader, Nicole Tieben, Simon Wiederhold, Ludger Woessmann, Oleksandr Zhylyevskyy, and seminar and conference participants at the annual meetings of the EEA (Cologne), MEA/SOLE (Evanston), EALE (Lyon), Verein für Socialpolitik (Vienna), standing field committee on the economics of education of the Verein für Socialpolitik (Bern), the conference of the Centre for Vocational Education Research (London), Society for Empirical Educational Research (Basel), the IZA research seminar (Bonn), Goethe University Frankfurt, Leibniz Universität Hannover, and Leuphana Universität Lüneburg for their most helpful comments and discussions. Financial support by the German Federal Ministry of Education and Research (BMBF) through the project “Nicht-monetäre Erträge der Weiterbildung: zivilgesellschaftliche Partizipation (NEWz)” is gratefully acknowledged.
PY - 2019/10
Y1 - 2019/10
N2 - We propose a regression-adjusted matched difference-in-differences framework to estimate pecuniary and non-pecuniary returns to adult education. This approach combines kernel matching with entropy balancing to account for selection bias and sorting on gains. Using data from the German SOEP, we evaluate the effect of work-related training, which represents the largest portion of adult education in OECD countries, on individual social capital and earnings. As the related literature, we estimate positive monetary returns to work-related training. In addition, training participation increases participation in civic, political, and cultural activities while not crowding out social participation. Results are robust against a variety of potentially confounding explanations. These findings imply positive externalities from work-related training over and above the well-documented labor market effects.
AB - We propose a regression-adjusted matched difference-in-differences framework to estimate pecuniary and non-pecuniary returns to adult education. This approach combines kernel matching with entropy balancing to account for selection bias and sorting on gains. Using data from the German SOEP, we evaluate the effect of work-related training, which represents the largest portion of adult education in OECD countries, on individual social capital and earnings. As the related literature, we estimate positive monetary returns to work-related training. In addition, training participation increases participation in civic, political, and cultural activities while not crowding out social participation. Results are robust against a variety of potentially confounding explanations. These findings imply positive externalities from work-related training over and above the well-documented labor market effects.
KW - Earnings
KW - Entropy balancing
KW - Matched difference-in-differences approach
KW - Social capital
KW - Work-related training
UR - http://www.scopus.com/inward/record.url?scp=85066957670&partnerID=8YFLogxK
U2 - 10.1016/j.econedurev.2019.05.010
DO - 10.1016/j.econedurev.2019.05.010
M3 - Article
AN - SCOPUS:85066957670
VL - 72
SP - 166
EP - 186
JO - Economics of Education Review
JF - Economics of Education Review
SN - 0272-7757
ER -