Education, Health and Subjective Wellbeing in Europe

Leonardo Becchetti, Pierluigi Conzo and Fabio Pisani

No 341, CEIS Research Paper from Tor Vergata University, CEIS

Abstract: The productive and allocative theories predict that education has positive impact on health: the more educated adopt healthier life styles and use more efficiently health inputs and this explains why they live longer. We find partial support for these theories with an econometric analysis on a large sample of Europeans aged above 50 documenting a significant and positive correlation among education years, life styles, health outputs and functionalities. We however find confirmation for an anomaly already observed in the US, namely the more educated are more likely to contract cancer. Our results are robust when controlling for endogeneity and reverse causality in IV estimates with instrumental variables related to quarter of birth and neighbours’ cultural norms

Keywords: health satisfaction; education; life satisfaction; public health costs (search for similar items in EconPapers)
JEL-codes: I12 I21 I31 (search for similar items in EconPapers)
Pages: 66 pages
Date: 2015-04-17, Revised 2015-04-17
New Economics Papers: this item is included in nep-age, nep-dem, nep-eur, nep-hap and nep-hea
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Related works:
Journal Article: Education and health in Europe (2018)
Working Paper: Education, Health and Subjective Wellbeing in Europe (2015)
Working Paper: Education, health and subjective wellbeing in Europe (2014)
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