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http://ssrn.com/abstract=1508460
 
 

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


Hans Van Kippersluis


Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE)

Owen A. O'Donnell


University of Macedonia

Eddy Van Doorslaer


Erasmus University Rotterdam (EUR) - Institute of Health Policy and Management; Tinbergen Institute; Erasmus School of Economics

April 1, 2009

Netspar Discussion Paper No. 04/2009-014

Abstract:     
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 Desigh 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 linearly by additional years of schooling.

Number of Pages in PDF File: 33

Keywords: health, mortality, education causality, regression discontinuity

JEL Classification: D30, D31, I10, I12


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Date posted: November 19, 2009  

Suggested Citation

van Kippersluis, Hans and O'Donnell, Owen A. and van Doorslaer, Eddy, Long Run Returns to Education: Does Schooling Lead to an Extended Old Age (April 1, 2009). Netspar Discussion Paper No. 04/2009-014. Available at SSRN: http://ssrn.com/abstract=1508460 or http://dx.doi.org/10.2139/ssrn.1508460

Contact Information

Hans Van Kippersluis (Contact Author)
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE) ( email )
Burg. Oudlaan 50
Rotterdam, NL 3062 PA
Netherlands
Owen A. O'Donnell
University of Macedonia ( email )
156 Egnatia St.
P.O. 1591
Thessaloniki, 54006
Greece
Eddy Van Doorslaer
Erasmus University Rotterdam (EUR) - Institute of Health Policy and Management ( email )
Netherlands
31 10 408 8555 (Phone)
31 10 408 9094 (Fax)
Tinbergen Institute ( email )
Burg. Oudlaan 50
Rotterdam, 3062 PA
Netherlands
Erasmus School of Economics
Netherlands
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