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Life expectancy, schooling, and lifetime labor supply : theory and evidence revisited

Cervellati, Matteo; Sunde, Uwe - 2013

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Recent developments in the economics of time use

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Life expectancy, schooling, and lifetime labor supply : theory and evidence revisited

Cervellati, Matteo; Sunde, Uwe - 2013

This paper presents a theoretical and empirical analysis of the role of life expectancy for optimal schooling and lifetime labor supply. The results of a simple prototype Ben-Porath model with age-specific survival rates show that an increase in lifetime labor supply is not a necessary, nor a...

Persistent link: https://www.econbiz.de/10009721323