Does Schooling Improve Cognitive Functioning at Older Ages?

Schneeweis, Nicole and Skirbekk, Vegard and Winter-Ebmer, Rudolf (November 2012) Does Schooling Improve Cognitive Functioning at Older Ages? IHS Economics Series 293

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Abstract or Table of Contents

Abstract: We study the relationship between education and cognitive functioning at older ages by exploiting compulsory schooling reforms, implemented in six European countries during the 1950s and 1960s. Using data of individuals aged 50+ from the Survey of Health, Aging and Retirement in Europe (SHARE), we assess the causal effect of education on old-age memory, fluency, numeracy, orientation and dementia. We find a positive impact of schooling on memory. One year of education increases the delayed memory score by about 0.3, which amounts to 16% of the standard deviation. Furthermore, for women, we find that more education reduces the risk of dementia.;

Item Type: IHS Series
Keywords: 'Compulsory schooling' 'Instrumental variables' 'Education' 'Cognitive functioning' 'Memory' 'Aging' 'Dementia'
Classification Codes (e.g. JEL): I21, J14
Status: Published
Date Deposited: 26 Sep 2014 10:39
Last Modified: 21 Jul 2017 23:32
URI: http://irihs.ihs.ac.at/id/eprint/2171

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