Publication type
Research Paper
Series Number
393
Series
NIESR Discussion Papers
Authors
Publication date
May 22, 2012
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 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 after the age of sixty-five is significantly influenced by educational attainment and has a signficant 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 £170,000 for men with higher education qualifications as compared to those with minimal qualifications. However, similar effects are not observed for women.
Subjects
Link
- http://www.niesr.ac.uk/pubs/discuss.php
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