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Peter A. Savelyev
''Psychological Skills, Education, and Longevity of High-Ability Individuals''
Based on the 1922–1991 Terman data of children with high ability, I investigate the effects of childhood psychological skills and post-compulsory education on longevity. I identify causal effects and account for measurement error using factor-analytic methodology (Heckman et al., 2006). Latent class analysis supports the causal interpretation of results. For males, I find strong effects of psychological skills and education on longevity and an interaction between personality and education. Results are in line with the IV literature. For females, who are born around 1910 and live longer than men, I find no effects of education and personality on longevity.
Keywords: longevity, survival function, life expectancy, value of longevity, post-compulsory education, IQ, personality skills, Big Five, average treatment effect, Terman Data of Children with High Ability, gender difference
JEL: I1 - Health: General
C1 - Econometric and Statistical Methods: General
Manuscript Received : Aug 04 2014 Manuscript Accepted : Aug 04 2014

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