prior to and during enrolment, reflecting a closer attachment to the labour mar-
ket and a weaker intensity of studies. Among them, the fraction with more than
500 credits is 11 per cent compared with 45 per cent among the UBS individu-
als. Post-AE, participants without UBS surpass the trajectory of the non-partici-
pants, although it switches back for females in 2001. An important note here is
that there is no earnings dip before AE enrolment; the earnings in 1996 are ac-
tually increasing.
Figure 3 Males with two-year upper secondary school; wage earnings 1990-
2001, AE sample registered from the autumn of 1997 and not later than the
spring of 1999.

Note: Number of observations in AE are 111 with no UBS and 203 with UBS. Annual wage
earnings expressed in SEK 2001 values.
18
IFAU - Does adult education at upper secondary level influence annual wage earnings?
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