Education and Health Over the Life Cycle
Robert Kaestner (),
Cuiping Schiman and
Jason M. Ward
No 26836, NBER Working Papers from National Bureau of Economic Research, Inc
There is little theoretical and empirical research on the effects of education on health over the life cycle. In this article, we extend the Grossman (1972) model of the demand for health and use the extended model to analyze the effect of education on health at different ages. The main conclusion from our model is that it is unlikely that the relationship between education and health will be constant over the life cycle and that education is likely to have little effect on health at younger ages when there is little depreciation of the health stock. We also present an extensive empirical analysis documenting the association between education and health over the life cycle. Results of our analysis suggest that in terms of mortality, education has little effect until age 60, but then lowers the hazard rate of death. For measures of morbidity, education has an effect at most ages between 45 to 60, but after age 60 has apparently little effect most likely due to selective mortality. In addition, most of the apparent beneficial effect of education stems from obtaining a high school degree or more. It is the health and mortality of lowest education group—those with less than a high school degree—that diverges from the health and mortality of other education groups. Finally, we find that the educational differences in health have become larger for more recent birth cohorts.
JEL-codes: I12 I14 I26 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-edu and nep-hea
Note: AG HC HE
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Published as Robert Kaestner & Cuiping Schiman & Jason Ward, 2020. "Education and health over the life cycle," Economics of Education Review, vol 76.
Downloads: (external link)
Access to the full text is generally limited to series subscribers, however if the top level domain of the client browser is in a developing country or transition economy free access is provided. More information about subscriptions and free access is available at http://www.nber.org/wwphelp.html. Free access is also available to older working papers.
Journal Article: Education and health over the life cycle (2020)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:nbr:nberwo:26836
Ordering information: This working paper can be ordered from
The price is Paper copy available by mail.
Access Statistics for this paper
More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().