Life expectancy and schooling: new insights from cross-country data
I argue that distinguishing between life expectancy at birth and life expectancy beyond the crucial early childhood years affects the relationship between life expectancy and schooling in a meaningful way. In particular, I show that while the change in life expectancy at birth between 1960 and 1990 is positively correlated with percentage change in schooling, the change in life expectancy at age 5 is, at best, uncorrelated with percentage change in schooling. This evidence weakens the quantitative importance of increasing life horizon beyond the early crucial childhood years for formal acquisition of human capital.
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Volume (Year): 25 (2012)
Issue (Month): 4 (October)
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