Medical experts have argued forcefully that using cigarettes harms health, prompting the adoption of myriad anti-smoking … policies. The association between smoking and mortality may, however, be driven by unobserved factors, making it difficult to … a teenager, which are arguably exogenous, on adult smoking participation and mortality. A one-dollar increase in teenage …

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 …

taxes on tobacco is an effective measure to reduce smoking. According to some estimates, increasing tobacco taxes could save … reduced smoking - reductions in medical expenses and earnings from adverted premature deaths - could bring small, albeit …