Revisiting the Effect of Education on Later Life Health

Theodore Figinski, Alicia Lloro and Avinash Moorthy ()
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Alicia Lloro: https://www.federalreserve.gov/econres/alicia-lloro.htm
Avinash Moorthy: https://inequality.hks.harvard.edu/people/avinash-moorthy

No 2022-007, Finance and Economics Discussion Series from Board of Governors of the Federal Reserve System (U.S.)

Abstract: We provide new evidence on the effect of education on later life health. Using variation in state compulsory schooling laws, we examine education's effect on a range of outcomes encompassing physical health, decision-making, and life expectancy. We employ under-utilized Health and Retirement Study data linked to restricted geographic identifiers, allowing us to match individuals more accurately to compulsory schooling laws. While positively related to educational attainment, compulsory schooling laws have no significant effect on later life health outcomes. Our results suggest that increased educational attainment has no significant causal effect on health.

Keywords: Compulsory school attendance laws; Returns to education; Human capital; Health; Education policy (search for similar items in EconPapers)
JEL-codes: H75 I12 I26 I28 J24 (search for similar items in EconPapers)
Pages: 31 p.
Date: 2022-02-23
New Economics Papers: this item is included in nep-ban, nep-edu and nep-hea
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfe:2022-07

DOI: 10.17016/FEDS.2022.007

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