Education and its Effects on Survival, Income and Health of those aged Sixty-five and over in the United Kingdom

Dr Silvia Lui () and Dr Martin Weale ()

No 393, National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research

Abstract: We explore the effects of income and, additionally education on the income, self-reported health and survival of people aged sixty-?ve and over in order to identify bene?ts resulting from education which are omitted in the conventional analysis with its focus on labour income excluding employer contributions. We ?nd, for men, that income after the age of sixty-?ve is signi?cantly in?uenced by educational attainment and has a signi?cant effect on survival. Even after controlling for circumstances at age sixty-?ve or when ?rst observed, we identify bene?ts discounted to age sixty-?ve of £170,000 for men with higher education quali?cations as compared to those with minimal quali?cations. However, similar effects are not observed for women.

Keywords: returns to education; income; education and healthy life expectancy; mortality (search for similar items in EconPapers)
JEL-codes: C33 C35 J17 J24 (search for similar items in EconPapers)
Date: 2012-05
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.niesr.ac.uk/wp-content/uploads/2021/10/dp393_0-2.pdf

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:nsr:niesrd:393

Access Statistics for this paper

More papers in National Institute of Economic and Social Research (NIESR) Discussion Papers from National Institute of Economic and Social Research 2 Dean Trench Street Smith Square London SW1P 3HE. Contact information at EDIRC.
Bibliographic data for series maintained by Library & Information Manager ().