EconPapers    
Economics at your fingertips  
 

Plastic Surgery: Investment in Human Capital or Consumption?

Soohyung Lee and Keunkwan Ryu

Journal of Human Capital, 2012, vol. 6, issue 3, 224 - 250

Abstract: Beauty has been shown to be valuable in many markets and supposedly can be improved through plastic surgery. This raises the question of how effective plastic surgery is in improving a person's beauty and economic outcomes. We find empirical evidence that while people improve their facial beauty through plastic surgery, the associated monetary benefits from beauty premiums in labor and marriage markets are not high enough for most men and women to recover the surgery costs. This finding suggests that plastic surgery may be justified in terms of consumption rather than as investment in human capital.

Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4) Track citations by RSS feed

Downloads: (external link)
http://dx.doi.org/10.1086/667940 (application/pdf)
http://dx.doi.org/10.1086/667940 (text/html)
Access to the online full text or PDF requires a subscription.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ucp:jhucap:doi:10.1086/667940

Access Statistics for this article

More articles in Journal of Human Capital from University of Chicago Press
Bibliographic data for series maintained by Journals Division ().

 
Page updated 2019-03-31
Handle: RePEc:ucp:jhucap:doi:10.1086/667940