Skip to main content
Article thumbnail
Location of Repository

Higher Education and the Determination of Aggregate Male Employment by Age

By Anders Stenberg and Magnus Wikström


This paper studies the determinants of age-specific employment rates among Swedish males, focusing on the effect of education on employment. We use cohort specific data for the time period 1984-1996 covering cohorts aged 21-45. Two states of the labour market are compared; the high employment period 1984-90 and the recent downturn 1991-96. It is found that aggregate age-group specific employment rates increase with the proportion of the cohort with an academic degree. The effect is stronger in the downturn period as compared to the boom period. However, we do not find any strong evidence in favour of the hypothesis that the effect of higher education on employment is declining with age. Estimations to capture crowding out effects between age-groups indicate larger effects in times of high employment when the own cohort effect is weaker.Education; Crowding-out; Employment

OAI identifier:

Suggested articles


  1. (1991). Ageing and the Labor Market. Age Structure, Cohort Size and Unemployment.
  2. (1989). An Econometric Model o Crowding Out of LowerEducation Levels.
  3. (1996). Are the Unemployed Unemployable.
  4. (1979). E¤ects of Cohort Size on Earnings: The Baby Boom Babies Financial Bust.
  5. (1972). Education and Economic Equality. The Public Interest,
  6. (1979). Education and Lifetime Patternsof Unemployment.
  7. (1996). Education and the Distribution of Unemployment.
  8. (1979). Education, Unemployment, and Earnings.
  9. (1995). Increasing Private Returns to Education. Mimeo Cornell University,
  10. (1995). Job Matching and Job Competition: Are Lower Educated Workers at the Back of Job Queues?
  11. (1981). Prices and Quantities.
  12. (1997). Skill-biassed Change, Unemployment and Wage Inequality.
  13. (1982). The Youth Labor Market Problem: Its Nature, Causes and Consequences.
  14. (1982). Time Series Changes in Youth Joblessness.
  15. (1996). Unemployment and Increasing Returns to Human Capital.
  16. (1994). Unemployment, Wage Rigidity, and the Returns to Education.
  17. (1993). Unemployment: A Review of the Evidence from Panel Data.
  18. (1991). Unemployment: Macroeconomic performance and the labour market.

To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.