TY - JOUR
T1 - Health, wealth and happiness
T2 - why pursue a higher education?
AU - Hartog, Joop
AU - Oosterbeek, Hessel
N1 - Copyright:
Copyright 2020 Elsevier B.V., All rights reserved.
PY - 1998/6
Y1 - 1998/6
N2 - We explore the effect of schooling on health, wealth and happiness for a cohort of Dutch individuals born around 1940. We also use observations on childhood IQ and family background. The most fortunate group is the group with a non-vocational intermediate level education: they score highest on health, wealth and happiness. We find that IQ affects health, but not wealth or happiness. Family background level increases wealth, but neither health nor happiness. With a father who worked independently, health, wealth and happiness are higher. Women are a miracle: compared with men, they are less wealthy, equally healthy but they are definitely happier. [JEL I10, J24, D31, D63]
AB - We explore the effect of schooling on health, wealth and happiness for a cohort of Dutch individuals born around 1940. We also use observations on childhood IQ and family background. The most fortunate group is the group with a non-vocational intermediate level education: they score highest on health, wealth and happiness. We find that IQ affects health, but not wealth or happiness. Family background level increases wealth, but neither health nor happiness. With a father who worked independently, health, wealth and happiness are higher. Women are a miracle: compared with men, they are less wealthy, equally healthy but they are definitely happier. [JEL I10, J24, D31, D63]
UR - http://www.scopus.com/inward/record.url?scp=0001411065&partnerID=8YFLogxK
U2 - 10.1016/s0272-7757(97)00064-2
DO - 10.1016/s0272-7757(97)00064-2
M3 - Article
AN - SCOPUS:0001411065
SN - 0272-7757
VL - 17
SP - 245
EP - 256
JO - Economics of Education Review
JF - Economics of Education Review
IS - 3
ER -