| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9399 |
| DP9399 Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited | |
| Uwe Sunde; Matteo Cervellati | |
| 发表日期 | 2013-03-24 |
| 出版年 | 2013 |
| 语种 | 英语 |
| 摘要 | This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a sufficient, condition for greater life expectancy to increase optimal schooling. The observed increase in survival rates during working ages that follows from the ``rectangularization'' of the survival function is crucial for schooling and labor supply. The empirical results suggest that the relative benefits of schooling have been increasing across cohorts of US man born 1840-1930. A simple quantitative analysis shows that a realistic shift in the survival function can lead to an increase in schooling and a reduction in lifetime labor hours. |
| 主题 | Labour Economics |
| 关键词 | Life expectancy Lifetime labor supply Longevity Rectangularization of the survival function Schooling |
| URL | https://cepr.org/publications/dp9399 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538235 |
| 推荐引用方式 GB/T 7714 | Uwe Sunde,Matteo Cervellati. DP9399 Life Expectancy, Schooling, and Lifetime Labor Supply: Theory and Evidence Revisited. 2013. |
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