Income over the Life Cycle by Education and Occupation: Southern Sweden 1925-2016

Tommy Bengtsson, Lund University
Kirk A. Scott, Lund University

This paper examines education and income over the life cycle in an industrial city and nearby semi-urban/rural areas in south-western Sweden. Using recently digitized individual-level data on the entire population, we document the investments in, and returns to, education during a time of both industrialization and economic growth as well as de-industrialization and economic decline. The database contains microdata on all individuals from 1925 – 2016, allowing us to follow individuals and families throughout the period and shed light on labour market dynamics and income during a time that is not well understood. We specifically examine the changing role of education in terms of occupational attainment and income over the life cycle.

No extended abstract or paper available

 Presented in Session 110. Scandinavian Labor Markets