Health, Wealth and Happiness: Why pursue a Higher Education?

Joop Hartog () and Hessel Oosterbeek

No 97-034/3, Tinbergen Institute Discussion Papers from Tinbergen Institute

Abstract: We explore the effect of schooling on health, wealth and happiness for a cohort of Dutch individuals born around 1940. We also use observations on childhood IQ and family background. The most fortunate group is the group with a non-vocational intermediate level education: they score highest on health, wealth and happiness. We find that IQ affects health, but not wealth or happiness. Family background level increases wealth, but neither health nor happiness. With a father who worked independently, health, wealth and happiness are higher.Women are a miracle: compared to men, they are less wealthy, equally healthy but they are definitely happier.

Date: 1997-03-15
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Related works:
Journal Article: Health, wealth and happiness: why pursue a higher education? (1998)
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