Limited Life Expectancy, Human Capital and Health Investments

S-Tier
Journal: American Economic Review
Year: 2013
Volume: 103
Issue: 5
Pages: 1977-2002

Authors (3)

Emily Oster (Brown University) Ira Shoulson (not in RePEc) E. Ray Dorsey (not in RePEc)

Score contribution per author:

2.681 = (α=2.01 / 3 authors) × 4.0x S-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Human capital theory predicts that life expectancy will impact human capital attainment. We estimate this relationship using variation in life expectancy driven by Huntington disease, an inherited neurological disorder. We compare investments for individuals who have ex-ante identical risks of HD but differ in disease realization. Individuals with the HD mutation complete less education and job training. The elasticity of demand for college attendance with respect to life expectancy is around 1.0. We relate this to cross-country and over-time differences in education. We use smoking and cancer screening data to test the corollary that health capital responds to life expectancy.

Technical Details

RePEc Handle
repec:aea:aecrev:v:103:y:2013:i:5:p:1977-2002
Journal Field
General
Author Count
3
Added to Database
2026-01-26