Arbeitspapier
Health and education: Understanding the gradient
This study presents a novel view on education and health behavior of individuals constrained by aging bodies. The aging process, i.e. the accumulation of health deficits over time, is built on recent insights from gerontology. The loss of body functionality, which eventually leads to death, can be accelerated by unhealthy behavior and delayed through health expenditure. Education is endogenous and determined, among others thing, by cognitive ability. The proposed theory rationalizes why better educated persons optimally choose a healthier lifestyle. The model is calibrated for the average male US citizen. In the benchmark case a difference in cognitive ability that motivates one more year of education leads to an increase of longevity by about half a year. Progress in medical technology explains why the education gradient gets larger over time.
- Sprache
-
Englisch
- Erschienen in
-
Series: cege Discussion Papers ; No. 172
Micro-Based Behavioral Economics: Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making‡
Value of Life; Forgone Income
Retirement; Retirement Policies
Health Behavior
aging
longevity
health expenditure
unhealthy behavior
smoking
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:21 MESZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Strulik, Holger
- University of Göttingen, Center for European, Governance and Economic Development Research (cege)
Entstanden
- 2013
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