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I argue that the relationship between life expectancy and schooling crucially depends on which measure of life expectancy one uses. In particular, I show that while the change in life expectancy at birth between 1960 and 1990 is positively correlated with percentage change in schooling, the change in life expectancy at age?5 is, at best, uncorrelated with percentage change in schooling. This evidence suggests that increasing life horizon beyond the early crucial childhood years for formal acquisition of human capital is not as quantitatively important as previously thought.  相似文献   
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Conventional wisdom suggests that increased life expectancy had a key role in causing a rise in investment in human capital. I incorporate the retirement decision into a version of Ben‐Porath's (1967) model and find that a necessary condition for this causal relationship to hold is that increased life expectancy will also increase lifetime labor supply. I then show that this condition does not hold for American men born between 1840 and 1970 and for the American population born between 1890 and 1970. The data suggest similar patterns in Western Europe. I end by discussing the implications of my findings for the debate on the fundamental causes of long‐run growth.  相似文献   
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VOLUNTAS: International Journal of Voluntary and Nonprofit Organizations - Cross-border philanthropy occurs across multiple dimensions simultaneously. Seemingly domestic actors become players in...  相似文献   
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