models two existing hypotheses on the correlation between health and education. The estimation results strongly support the … interdependence between health and education. In particular, the estimated model indicates that an individual's education, health …'s education by 1.4 years. Policy experiments indicate that a health expenditure subsidy would have a larger impact on educational …

period 2000–2009, I find that increases in spending on health are most strongly associated with reductions in the importance … International Student Assessment test scores among 15-year-olds. Public spending on family support, housing, and education are also …

We present a theory of human capital, with its two most essential components, health capital and, what we term, skill … capital, endogenously determined within the model. Using the theory, and a calibrated version of it, we uncover and highlight … an important economic mechanism driving human-capital formation, socio-economic and health disparities, human …

in favour of human capital investments. This effect is strengthened when education no longer is a pure investment, but … investments, and it reduces the price of education as a consumption good. By introducing a progressive labour income tax, the …