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An Investment of a Lifetime? The Long-term Labour Market Premiums Associated with a Postsecondary Education

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  • Frenette, Marc

Abstract

This paper examines the long-term labour market premiums associated with completing a college certificate and a bachelor's degree, compared to completing a high school diploma. Several labour market outcomes of individuals are examined with longitudinal data over a 20-year period spanning their mid-30s to their mid-50s. With the creation of a new linked file consisting of the 1991 Census of Population and the Longitudinal Worker File (LWF), it is now possible to follow individuals in the labour market for a longer period of time than is feasible with existing survey data. The purpose of this study is to compare labour market outcomes of individuals with different levels of educational attainment over a 20-year period spanning their mid-30s to their mid-50s. Three levels of education are considered, corresponding to the decisions made by students following high school graduation: a high school diploma, a college certificate, and a bachelor's degree. Longitudinal data are used to track total earnings (wages and salaries plus net self-employment income), coverage in an employer-sponsored pension plan, employment, union membership, and permanent and temporary layoffs over the period 1991 to 2010.

Suggested Citation

  • Frenette, Marc, 2014. "An Investment of a Lifetime? The Long-term Labour Market Premiums Associated with a Postsecondary Education," Analytical Studies Branch Research Paper Series 2014359e, Statistics Canada, Analytical Studies Branch.
    • Handle: RePEc:stc:stcp3e:2014359e
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    File URL: https://www150.statcan.gc.ca/n1/en/catalogue/11F0019M2014359
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    Citations

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    Cited by:

    1. Guy Lacroix & Francois Laliberté‐Auger & Pierre‐Carl Michaud & Daniel Parent, 2021. "The effect of college education on health and mortality: Evidence from Canada," Health Economics, John Wiley & Sons, Ltd., vol. 30(S1), pages 105-118, November.
    2. Guy Lacroix & François Laliberté-Auger & Pierre-Carl Michaud & Daniel Parent, 2018. "The Effect of College Education on Health and Mortality: Evidence from Canada," CIRANO Working Papers 2018s-41, CIRANO.
    3. Belzil, Christian & Pernaudet, Julie & Poinas, François, 2021. "Estimating Coherency between Survey Data and Incentivized Experimental Data," IZA Discussion Papers 14594, Institute of Labor Economics (IZA).
    4. Anna Jędrzychowska, 2022. "A Bridge Life Insurance for Households—Diagnosis and Motives," Risks, MDPI, vol. 10(4), pages 1-21, April.
    5. Frances Woolley, 2018. "The political economy of university education in Canada," Canadian Journal of Economics, Canadian Economics Association, vol. 51(4), pages 1061-1087, November.

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