This paper presents results on the effect of formal life-long learning on the decision to retire early. Specifically, I estimate an Option Value model based on individual employer-employee longitudinal data including comprehensive government co-sponsored training records dating back more than 30...

Acknowledgments -- Foreword / John Fallon, CEO, Pearson -- Preface -- The context -- How did we get here? a history of education and training in the united states -- Organization for economic cooperation and development (oecd) better skills, better jobs, better lives -- Educational providers --...