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Journal Article

Education and its effects on income and mortality of men aged sixty-five and over in Great Britain

Authors

Publication date

Apr 2014

Summary

We explore the effects of income and, additionally education on the income, self reported health and survival of people aged sixty-five and over in Great Britain in order to identify benefits resulting from education which are omitted in the conventional analysis with its focus on labour income excluding employer contributions. We find, for men, that income at the age of sixty-five is significantly influenced by educational attainment and has a significant effect on survival. Even after controlling for circumstances at age sixty-five or when first observed, we identify benefits discounted to age sixty-five of £115,000 for men with higher education qualifications as compared to those with minimal qualifications.

Published in

Labour Economics

Volume and page numbers

27 , 71 -82

DOI

http://dx.doi.org/10.1016/j.labeco.2014.02.002

ISSN

16

Subjects

Older People, Income Dynamics, Health, and Higher Education

Links

http://serlib0.essex.ac.uk/record=b1650556~S5

Notes

Albert Sloman Library Periodicals *restricted to Univ. Essex registered users*


Related publications

  1. Education and its effects on survival, income and health of those aged sixty-five and over in the United Kingdom

    Silvia Lui and Martin Weale

    1. Older People
    2. Income Dynamics
    3. Health
    4. Higher Education
  2. Education and its effects on survival, income and health of those aged sixty-five and over in the United Kingdom

    Silvia Lui and Martin Weale

    1. Older People
    2. Income Dynamics
    3. Health
    4. Higher Education

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