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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w4949 |
来源ID | Working Paper 4949 |
Education and Health: Where There's Smoke There's an Instrument | |
William N. Evans; Edward Montgomery | |
发表日期 | 1994-12-01 |
出版年 | 1994 |
语种 | 英语 |
摘要 | Victor Fuchs has suggested that the persistent positive correlation between education and health habits can be explained by interpersonal differences in the discount rate. If Fuchs is correct, some health habits can be used as instruments for education in standard wage equations. We use whether an individual smoked at age 18 in such a fashion. The instrument is strongly correlated with years of education, and IV estimates of the return to schooling are 10 percent larger than the OLS estimates. We fail to reject tests of overidentifying restrictions, show how the smoking/education link varies systematically across age cohorts and income groups, and demonstrate that the instrument is correlated with other intertemporal decisions such as home ownership. The results are replicated in four additional data sets, and for both males and females. |
主题 | Labor Economics ; Labor Compensation ; Health, Education, and Welfare ; Education |
URL | https://www.nber.org/papers/w4949 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/562372 |
推荐引用方式 GB/T 7714 | William N. Evans,Edward Montgomery. Education and Health: Where There's Smoke There's an Instrument. 1994. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w4949.pdf(493KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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