LiU Working Papers in Economics
Learning For Life? The Effects of Schooling on Earnings and Health- Related Behavior Over the Life Cycle
() and Paul Nystedt
Abstract: We analyze how education is associated with earnings and
health-related behaviors (HRBs) over the adult life cycle using a sample of
18,000 twins. The underlying motive is to improve the understanding of to
what extent schooling may contribute to increased human welfare over time
and age through the intermediaries of earnings and HRBs. We find that one
additional year of schooling is associated with around 5-6 percent higher
earnings at ages 35-75 and generally improved HRBs for both men and women.
Much of the estimated relationships between schooling, earnings and HRBs
can be traced back to genetic inheritance. Controlling for such
inheritance, the remaining education-earnings premium is non-linear and
increasing with educational level, and the education premium in HRBs is
mainly concentrated to smoking habits.
Keywords: Schooling; Education; Health-Related Behavior; Life-Cycle; (follow links to similar papers)
JEL-Codes: J01; (follow links to similar papers)
57 pages, December 15, 2016
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