Estimating Interdependence between Health and Education in a Dynamic Model

Estimating Interdependence between Health and Education in a Dynamic Model PDF Author: Li Gan
Publisher:
ISBN:
Category :
Languages : en
Pages : 57

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Book Description
This paper investigates to what extent and through which channels that health and educational attainment are interdependent. A dynamic model of schooling, work, health expenditure, and savings is developed. The structural framework explicitly models two existing hypotheses on the correlation between health and education. The estimation results strongly support the interdependence between health and education. In particular, the estimated model indicates that an individual's education, health expenditure, and previous health status all affect his health status. Moreover, the individual's health status affects his mortality rate, wage, home production, and academic success. On average, having been sick before age 21 decreases the individual's education by 1.4 years. Policy experiments indicate that a health expenditure subsidy would have a larger impact on educational attainment than a tuition subsidy.

Estimating Interdependence between Health and Education in a Dynamic Model

Estimating Interdependence between Health and Education in a Dynamic Model PDF Author: Li Gan
Publisher:
ISBN:
Category :
Languages : en
Pages : 57

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Book Description
This paper investigates to what extent and through which channels that health and educational attainment are interdependent. A dynamic model of schooling, work, health expenditure, and savings is developed. The structural framework explicitly models two existing hypotheses on the correlation between health and education. The estimation results strongly support the interdependence between health and education. In particular, the estimated model indicates that an individual's education, health expenditure, and previous health status all affect his health status. Moreover, the individual's health status affects his mortality rate, wage, home production, and academic success. On average, having been sick before age 21 decreases the individual's education by 1.4 years. Policy experiments indicate that a health expenditure subsidy would have a larger impact on educational attainment than a tuition subsidy.

Estimating Interdependence Between Health and Education in a Dynamic Model

Estimating Interdependence Between Health and Education in a Dynamic Model PDF Author: Li Gan
Publisher:
ISBN:
Category : Education
Languages : en
Pages : 72

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Book Description
"This paper investigates to what extent and through which channels that health and educational attainment are interdependent. A dynamic model of schooling, work, health expenditure, and savings is developed. The structural framework explicitly models two existing hypotheses on the correlation between health and education. The estimation results strongly support the interdependence between health and education. In particular, the estimated model indicates that an individual's education, health expenditure, and previous health status all affect his health status. Moreover, the individual's health status affects his mortality rate, wage, home production, and academic success. On average, having been sick before age 21 decreases the individual's education by 1.4 years. Policy experiments indicate that a health expenditure subsidy would have a larger impact on educational attainment than a tuition subsidy"--National Bureau of Economic Research web site.

A Dynamic Model of Health, Addiction, Education, and Wealth

A Dynamic Model of Health, Addiction, Education, and Wealth PDF Author: Rong Hai
Publisher:
ISBN:
Category :
Languages : en
Pages : 80

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Book Description
This paper formulates and estimates a dynamic model of health, addiction, education, and wealth in order to understand the well-established positive empirical relationship between education and health. In our model, agents make decisions on schooling, consumption of addictive goods, and saving/borrowing over the lifecycle. Agents differ in their endowments of cognitive and noncognitive skills and initial health and face endogenously-determined borrowing constraints. The consumption of unhealthy addictive goods, joined with low levels of cognitive and noncognitive skills, and limited access to credit markets generate a constellation of bad health, and low levels of education and wealth, which is further reinforced by the complementary between education and health as individuals age. The model is estimated on data from National Longitudinal Survey of Youth 97, using a two-step estimation procedure that combines factor analysis and the simulated method of moments. Using the model, we quantify the causal relationship between education and health. We then conduct counterfactual policy experiments to assess (1) how excise tax policies on the consumption of addictive goods affect health, education, and wealth, and (2) how policies that improve endowments affect health, addiction, education, and wealth.

The Oxford Handbook of Economic Inequality

The Oxford Handbook of Economic Inequality PDF Author: Wiemer Salverda
Publisher: OUP Oxford
ISBN: 0191552356
Category : Business & Economics
Languages : en
Pages : 768

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Book Description
The Oxford Handbook of Economic Inequality presents a new and challenging analysis of economic inequality, focusing primarily on economic inequality in highly developed countries. Bringing together the world's top scholars this comprehensive and authoritative volume contains an impressive array of original research on topics ranging from gender to happiness, from poverty to top incomes, and from employers to the welfare state. The authors give their view on the state-of-the-art of scientific research in their fields of expertise and add their own stimulating visions on future research. Ideal as an overview of the latest, cutting-edge research on economic inequality, this is a must have reference for students and researchers alike.

The Creative Turn

The Creative Turn PDF Author: Anne M. Harris
Publisher: Springer Science & Business
ISBN: 9462095515
Category : Education
Languages : en
Pages : 194

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Book Description
The conundrum of understanding, practising and teaching contemporary creativity is that it wants to be all things to all people. Almost all modern lists of creativity, creative thinking and how-to ‘becoming creative’ books begin with one premise: the creative individual/artist is not special, rather each of us is creative in a special way and these skills can – and must - be nurtured. Increasingly, industry and education leaders are claiming that creativity is the core skill to take us into a prosperous future, signalling the democratisation of creativity as industry. Yet centuries of association between aesthetics, mastery and creativity are hard to dismantle. These days, it is increasingly difficult to discuss creativity without reference to business, industry and innovation. Why do we love to think of creativity in this way and no longer as that rare visitation of the muse or the elite gift of the few? This book looks at the possibility that creativity is taking a turn, what that turn might be, and how it relates to industry, education and, ultimately, cultural role of creativity and aesthetics for the 21st century. In proliferating discourses of the commodification of creativity, there is one thing all the experts agree on: creativity is undefinable, possibly unteachable, largely unassessable, and becoming the most valuable commodity in 21st-century markets.

Global Population in Transition

Global Population in Transition PDF Author: Jo. M. Martins
Publisher: Springer
ISBN: 3319773623
Category : Social Science
Languages : en
Pages : 383

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Book Description
This book deals with macro and micro aspects of population change and their inter-face with socio-economic factors and impact. It examines theoretical notions and pursues their empirical manifestations and uses multidisciplinary approaches to population change and diversity. It investigates the organic nature of the relationships between socio-economic factors and population change and the feedback loops that affect socio-economic organisation and behaviour. The book brings together material often scattered in a number of sources and disciplines that helps to understand population change and their socio-economic aspects. In addition to dealing with the more conventional factors in population dynamics in the form of fertility, mortality and migration, the book examines socio-economic forces that influence them. It discusses population evolving attributes that affect population characteristics and social and behaviour and impact on the environment. Further, it deals with social organisation and pathways that lead to different social and economic development and standards of living of diverse populations.

China Urbanizes

China Urbanizes PDF Author: Shahid Yusuf
Publisher: World Bank Publications
ISBN: 0821372122
Category : Political Science
Languages : en
Pages : 230

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Book Description
The key challenges facing China in the next two decades derive from the ongoing process of urbanization. China's urbanization rate in 2005 was about 43%. Over the next 10-15 years, it is expected to rise to well over 50%, adding an additional 200 million mainly rural migrants to the current urban population of 560 million. How China copes with such a large migration flow will strongly influence rural-urban inequality, the pace at which urban centers expand their economic performance, and the urban environment. The growing population will necessitate a big push strategy to maintain a high rate of investment in housing and the urban physical infrastructure and urban services. To finance such expansion will require a significant strengthening and diversification of China's financial system. Growing cities will greatly increase consumption of energy and water. Containing this without at the same time constraining the economic performance of cities or the improvement in the standards of living will call for enlightened policies, strategies, careful urban planning, and significant technological advances. This volume identifies the key developments to watch and discusses the policies which would affect the course as well as the fruitfulness of change.

Education, Health and Wages

Education, Health and Wages PDF Author: James Joseph Heckman
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 60

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Book Description
This paper develops and estimates a model with multiple schooling choices that identifies the causal effect of different levels of schooling on health, health-related behaviors, and labor market outcomes. We develop an approach that is a halfway house between a reduced form treatment effect model and a fully formulated dynamic discrete choice model. It is computationally tractable and identifies the causal effects of educational choices at different margins. We estimate distributions of responses to education and find evidence for substantial heterogeneity in unobserved variables on which agents make choices. The estimated treatment effects of education are decomposed into the direct benefits of attaining a given level of schooling and indirect benefits from the option to continue on to further schooling. Continuation values are an important component of our estimated treatment effects. While the estimated causal effects of education are substantial for most outcomes, we also estimate a quantitatively important effect of unobservables on outcomes. Both cognitive and socioemotional factors contribute to shaping educational choices and labor market and health outcomes. We improve on LATE by identifying the groups affected by variations in the instruments. We find benefits of cognition on most outcomes apart from its effect on schooling attainment. The benefits of socioemotional skills on outcomes beyond their effects on schooling attainment are less precisely estimated.

Handbook of Labor Economics

Handbook of Labor Economics PDF Author: Orley Ashenfelter
Publisher: Elsevier
ISBN: 9780444501899
Category : Business & Economics
Languages : en
Pages : 800

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Book Description
A guide to the continually evolving field of labour economics.

Health and Education Interdependence

Health and Education Interdependence PDF Author: Richard Midford
Publisher: Springer
ISBN: 9789811539619
Category : Education
Languages : en
Pages : 343

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Book Description
This book explores the interdependence of health and education, and how optimising this important relationship provides the foundation for achieving improved life outcomes from birth into adulthood. Adopting a multi-disciplinary approach, it draws on bio-medical, epidemiological, educational, psychological and economic evidence to demonstrate the benefits of the reflexive, positive associations between good health and educational attainment over the life course. In this, it offers readers insights into the complex nature of the nexus between health and education and how this relationship influences development. Health and Education Interdependence: Thriving from Birth to Adulthood is essential reading for education and health researchers and policymakers, teachers and public health and health promotion practitioners, as well as students studying in these fields.