Understanding the Education Choices of Public Sector Employees: The Relative Importance of Time and Money

Sue O’Keefe () and Lin Crase ()
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Sue O’Keefe: LaTrobe University
Authors registered in the RePEc Author Service: Sue O'Keefe ()

Australian Journal of Labour Economics (AJLE), 2005, vol. 8, issue 4, 331-350

Abstract: Australian workers are constantly reminded of the desirability of upgrading their skills in a rapidly changing work landscape. However, comparatively little is known about the relative importance of the factors impacting on the employees’ decisions to undertake further education. This paper presents the results of an experimental choice analysis of workers’ decisions to undertake formal courses of study. This novel approach affords the opportunity to consider factors beyond the economic domain. Results include the development of a model of employee preferences and estimates of willingness to pay for study programs.

Keywords: Education; Time Allocation; Work Behavior; Employment Determination and Creation; Human Capital; Retirement (search for similar items in EconPapers)
JEL-codes: I20 J20 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ozl:journl:v:8:y:2005:i:4:p:331-350

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