Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/150965 
Autor:innen: 
Erscheinungsjahr: 
2011
Schriftenreihe/Nr.: 
SOEPpapers on Multidisciplinary Panel Data Research No. 420
Verlag: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
Zusammenfassung: 
Looking at smoking-behavior it can be shown that there are differences concerning the time-preference-rate. Therefore this has an effect on the optimal schooling decision in the way that we assume a lower average human capital level for smokers. According to a higher time-preference-rate we suppose a higher return to education for smokers who go further on education. With our empirical fondings we can confirm the presumptions. We use interactions-terms to regress the average rate of return with the instrumentvariable approach. Therefore we obtain that smokers have a significantly higher average return to education than non-smokers.
Schlagwörter: 
Returns to education
Human Capital
Smoking Effects
JEL: 
J24
J31
I21
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
343.45 kB





Publikationen in EconStor sind urheberrechtlich geschützt.