Full Citation

Title: Life Expectancy and Life-Cycle Wages: Evidence from the Cardiovascular Revolution in U.S. States

Citation Type: Miscellaneous

Publication Year: 2018

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Abstract: This paper exploits quasi-experimental variation in mortality from cardiovascular diseases across U.S. states to establish a positive causal link between adult life expectancy and average wages per worker. A cohort-specific analysis reveals that wage gains accrue to prime-age workers between 25 and 54 as well as old-age workers above 65. This pattern is consistent with a shift in life-cycle earnings toward a profile that increases more steeply for young ages and that flattens out more slowly at advanced ages. Health improvements, higher educational attainment, and changes in individual behavior constitute potential channels for this shift. JEL-classification: I15, J11, J24, O40

Url: https://pdfs.semanticscholar.org/3f3b/8a5635430d05374ea3d6f7e06c4f49de2fe3.pdf

User Submitted?: No

Authors: Kotschy, Rainer

Publisher: LMU Munich

Data Collections: IPUMS USA

Topics: Health, Other

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