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The value of human capital and health behavior

Author

Listed:
  • Alexander S. Skorobogatov

    (National Research University Higher School of Economics)

Abstract

The paper examines an effect of the return to human capital on health behavior. An approach is assumed in the paper which implies that health is an investment good complimentary for human capital. The latter is treated as actual skills and knowledge yielding a bonus above earnings. We propose a model relating health demand to human capital. According to the model, human capital determines health behavior via the expected effect of health on the return to human capital. The main implication of the model is that the educated people will not much differ from those lacking any education with regard to health behavior if their education does not generate the bonus.

Suggested Citation

  • Alexander S. Skorobogatov, 2012. "The value of human capital and health behavior," Economics Bulletin, AccessEcon, vol. 32(2), pages 1785-1796.
    • Handle: RePEc:ebl:ecbull:eb-12-00205
    as

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    References listed on IDEAS

    as
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    Cited by:

    1. Alexander S. Skorobogatov, 2014. "The Effect Of Closing Hour Restrictions On Alcohol Use And Abuse In Russia," HSE Working papers WP BRP 63/EC/2014, National Research University Higher School of Economics.
    2. Alexander S. Skorobogatov, 2021. "The effect of alcohol sales restrictions on alcohol poisoning mortality: Evidence from Russia," Health Economics, John Wiley & Sons, Ltd., vol. 30(6), pages 1417-1442, June.

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    More about this item

    Keywords

    skills; addictions; transitional economy; Russia; schooling; Grossman model; time allocation;
    All these keywords.

    JEL classification:

    • I0 - Health, Education, and Welfare - - General
    • J2 - Labor and Demographic Economics - - Demand and Supply of Labor

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