Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w17931 |
来源ID | Working Paper 17931 |
Limited Life Expectancy, Human Capital and Health Investments: Evidence from Huntington Disease | |
Emily Oster; Ira Shoulson; E. Ray Dorsey | |
发表日期 | 2012-03-23 |
出版年 | 2012 |
语种 | 英语 |
摘要 | One of the most basic predictions of human capital theory is that life expectancy should impact human capital investment. Limited exogenous variation in life expectancy makes this difficult to test, especially in the contexts most relevant to the macroeconomic applications. We estimate the relationship between life expectancy and human capital investments using genetic variation in life expectancy driven by Huntington disease (HD), an inherited degenerative neurological disorder with large impacts on mortality. We compare investment levels for individuals who have ex ante identical risks of HD but learn (through early symptom development or genetic testing) that they do or do not carry the genetic mutation which causes the disease. We find strong qualitative support: individuals with more limited life expectancy complete less education and less job training. We estimate the elasticity of demand for college completion with respect to years of life expectancy of 0.40. This figure implies that differences in life expectancy explain about 10% of cross-country differences in college enrollment. Finally, we use smoking and cancer screening data to test the corollary that health capital is responsive to life expectancy. |
主题 | Health, Education, and Welfare ; Health ; Education ; Labor Economics ; Labor Supply and Demand |
URL | https://www.nber.org/papers/w17931 |
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/575608 |
推荐引用方式 GB/T 7714 | Emily Oster,Ira Shoulson,E. Ray Dorsey. Limited Life Expectancy, Human Capital and Health Investments: Evidence from Huntington Disease. 2012. |
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 | ||
w17931.pdf(466KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。