Life Expectancy at Birth and Lifetime Education and Earnings

Exploiting cross–birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures how life expectancy at birth affects lifetime education and earnings. On average, individuals add one year of sch...

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Main Authors: Hoque, Mohammad Mainul, King, Elizabeth M., Montenegro, Claudio E., Orazem, Peter F.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/453551601474925061/Life-Expectancy-at-Birth-and-Lifetime-Education-and-Earnings
http://hdl.handle.net/10986/34556
id okr-10986-34556
recordtype oai_dc
spelling okr-10986-345562022-09-20T00:10:37Z Life Expectancy at Birth and Lifetime Education and Earnings Hoque, Mohammad Mainul King, Elizabeth M. Montenegro, Claudio E. Orazem, Peter F. LIFE EXPECTANCY LIFETIME EARNINGS HUMAN CAPITAL INVESTMENT RETURNS TO EDUCATION YEARS OF SCHOOLING HUMAN DEVELOPMENT LABOR FORCE PARTICIPATION Exploiting cross–birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures 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 increase by 1.7 percent per year of added life expectancy at birth. The estimates imply that rising life expectancy at birth explains 75 percent of the increase in average years of schooling worldwide for birth cohorts between 1922 and 1987 and 38 percent of the increase in average gross domestic product per capita in the 20th century. 2020-10-01T21:16:24Z 2020-10-01T21:16:24Z 2020-09 Working Paper http://documents.worldbank.org/curated/en/453551601474925061/Life-Expectancy-at-Birth-and-Lifetime-Education-and-Earnings http://hdl.handle.net/10986/34556 English Policy Research Working Paper;No. 9418 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic LIFE EXPECTANCY
LIFETIME EARNINGS
HUMAN CAPITAL INVESTMENT
RETURNS TO EDUCATION
YEARS OF SCHOOLING
HUMAN DEVELOPMENT
LABOR FORCE PARTICIPATION
spellingShingle LIFE EXPECTANCY
LIFETIME EARNINGS
HUMAN CAPITAL INVESTMENT
RETURNS TO EDUCATION
YEARS OF SCHOOLING
HUMAN DEVELOPMENT
LABOR FORCE PARTICIPATION
Hoque, Mohammad Mainul
King, Elizabeth M.
Montenegro, Claudio E.
Orazem, Peter F.
Life Expectancy at Birth and Lifetime Education and Earnings
relation Policy Research Working Paper;No. 9418
description Exploiting cross–birth cohort and cross-country variation from a pool of 188 household surveys from 111 countries, this paper measures 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 increase by 1.7 percent per year of added life expectancy at birth. The estimates imply that rising life expectancy at birth explains 75 percent of the increase in average years of schooling worldwide for birth cohorts between 1922 and 1987 and 38 percent of the increase in average gross domestic product per capita in the 20th century.
format Working Paper
author Hoque, Mohammad Mainul
King, Elizabeth M.
Montenegro, Claudio E.
Orazem, Peter F.
author_facet Hoque, Mohammad Mainul
King, Elizabeth M.
Montenegro, Claudio E.
Orazem, Peter F.
author_sort Hoque, Mohammad Mainul
title Life Expectancy at Birth and Lifetime Education and Earnings
title_short Life Expectancy at Birth and Lifetime Education and Earnings
title_full Life Expectancy at Birth and Lifetime Education and Earnings
title_fullStr Life Expectancy at Birth and Lifetime Education and Earnings
title_full_unstemmed Life Expectancy at Birth and Lifetime Education and Earnings
title_sort life expectancy at birth and lifetime education and earnings
publisher World Bank, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/453551601474925061/Life-Expectancy-at-Birth-and-Lifetime-Education-and-Earnings
http://hdl.handle.net/10986/34556
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