Arbeitspapier
The Effects of an Education-Leave Program on Educational Attainment and Labor-Market Outcomes
I study the effect of an education leave subsidy for the employed on labor-market outcomes and educational attainment using Finnish administrative linked employer-employee panel data and matching methods. The adult education allowance is available to employees with at least eight years of work experience and allows them to take a leave for 2–18 months to participate in an education program while being compensated for a substantial part of their forgone earnings. I find large positive treatment effects on educational attainment and changing occupation. The treatment effects on earnings and employment are negative during the lock-in period and close to zero afterward. Treatment effects on pseudo-outcomes are small and with one exception not statistically significant, which supports the credibility of the identification strategy. Sensitivity analyses show that unobserved variables should have a fairly large effect on treatment assignment to change the results.
- Language
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Englisch
- Bibliographic citation
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Series: ETLA Working Papers ; No. 56
- Classification
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Wirtschaft
Educational Finance; Financial Aid
Human Capital; Skills; Occupational Choice; Labor Productivity
Project Evaluation; Social Discount Rate
Single Equation Models; Single Variables: Cross-Sectional Models; Spatial Models; Treatment Effect Models; Quantile Regressions
Personnel Economics: Training
- Subject
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Adult education
Education leave
Linked employer-employee data
Program evaluation
- Event
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Geistige Schöpfung
- (who)
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Kauhanen, Antti
- Event
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Veröffentlichung
- (who)
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The Research Institute of the Finnish Economy (ETLA)
- (where)
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Helsinki
- (when)
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2018
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kauhanen, Antti
- The Research Institute of the Finnish Economy (ETLA)
Time of origin
- 2018