Life Expentancy at Birth and Lifetime Education and Earnings

Mohammad Mainul Hoque, Elizabeth King, Claudio Montenegro and Peter Orazem

Working Papers from University of Chile, Department of Economics

Abstract: Exploiting cross-birth-cohort and cross-country variation from a pool of 188 household surveys from 111 countries, we measure how life expectancy at birth affects lifetime education and earnings. On average, individuals add one year of schooling for every 8.3 years of increased life expectancy at birth. Lifetime-earnings increases by 1.7% per year of added life expectancy at birth. Estimates imply that rising life expectancy at birth can explain 75% of the increase in average years of schooling world-wide for birth cohorts between 1922-1987 and 38% of the increase in average GDP per capita in the 20 th century.

Pages: 67 pages
Date: 2020-08
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Related works:
Working Paper: Life Expectancy at Birth and Lifetime Education and Earnings (2020)
Working Paper: Life Expectancy at Birth and Lifetime Education and Earnings (2020)
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