increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …

We propose an innovation-driven growth model in which education is determined by family background and cognitive … ability. We show that compulsory schooling can move a society from elite education to mass education, which then triggers …, compulsory education is implemented first and triggers the onset of market R&D. According to the British way, market R&D is …

increasing education and declining labor supply (of cohorts born 1850-1950) as an optimal response to increasing active life …-run economic development. -- longevity ; active life expectancy ; education ; hours worked ; economic growth. …

For most of human history there existed a well-educated and innovative elite whereas mass education, market R&D, and … model for the very long run in which the individual-specific return to education is conceptualized as an compound of … determines whether an individual experiences education and a locally stable steady state at which education is determined by …

This study presents a new view on the association between education and longevity. In contrast to the earlier … literature, which focused on inefficient health behavior of the less educated, we investigate the extent to which the education … delayed through health expenditure. Individuals are heterogeneous with respect to their return to education. The proposed …