Long Run Returns to Education: Does Schooling Lead to an Extended Old Age?

While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on health is not yet firmly established. We exploit Dutch compulsory schooling laws in a Regression Discontinuity Design applied to linked data from health surveys, tax files and the mortality register to estimate the causal effect of education on mortality. The reform provides a powerful instrument, significantly raising years of schooling, which, in turn, has a large and significant effect on mortality even in old age. An extra year of schooling is estimated to reduce the proba... Mehr ...

Verfasser: van Kippersluis, Hans
O'Donnell, Owen
van Doorslaer, Eddy
Dokumenttyp: doc-type:workingPaper
Erscheinungsdatum: 2009
Verlag/Hrsg.: Amsterdam and Rotterdam: Tinbergen Institute
Schlagwörter: ddc:330 / D30 / D31 / I10 / I12 / Health / Mortality / Education / Causality / Regression Discontinuity / Bildungsertrag / Sterblichkeit / Kausalanalyse / Niederlande
Sprache: Englisch
Permalink: https://search.fid-benelux.de/Record/base-26860731
Datenquelle: BASE; Originalkatalog
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Link(s) : http://hdl.handle.net/10419/86890

While there is no doubt that health is strongly correlated with education, whether schooling exerts a causal impact on health is not yet firmly established. We exploit Dutch compulsory schooling laws in a Regression Discontinuity Design applied to linked data from health surveys, tax files and the mortality register to estimate the causal effect of education on mortality. The reform provides a powerful instrument, significantly raising years of schooling, which, in turn, has a large and significant effect on mortality even in old age. An extra year of schooling is estimated to reduce the probability of dying between ages of 81 and 88 by 2-3 percentage points relative to a baseline of 50 percent. High school graduation is estimated to reduce the probability of dying between the ages of 81 and 88 by a remarkable 17-26 percentage points but this does not appear to be due to any sheepskin effects of finishing high school on mortality beyond that predicted lin early by additional years of schooling.