Hazan, Moshe; Zoabi, Hosny - C.E.P.R. Discussion Papers - 2005
also casts doubts on recent findings about a positive effect of health on education. This is because health raises the … accumulation of human capital during the transition from stagnation to growth. This is because greater longevity raises children …’s future income proportionally at all levels of education, leaving the relative return between quality and quantity unaffected …