Working paper

Longevity and Education Externalities: A Macroeconomic Perspective

Francesco Ricci, and Marios Zachariadis

Abstract

We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We put forward a model that clarifies the links between education and longevity in the presence of such an externality. We then implement an innovative approach to control for endogeneity problems, and present evidence for the significant role played by higher education in explaining longevity across countries. Our findings provide empirical evidence in support of our hypothesis of educational externalities on health.

JEL codes

  • O11: Macroeconomic Analyses of Economic Development
  • O50: General

Reference

Francesco Ricci, and Marios Zachariadis, Longevity and Education Externalities: A Macroeconomic Perspective, TSE Working Paper, n. 09-009, January 2009.

See also

Published in

TSE Working Paper, n. 09-009, January 2009