Does Schooling Improve Cognitive Functioning at Older Ages?

Schneeweis, Nicole; Skirbekk, Vegard and Winter-Ebmer, RudolfORCID: (November 2012) Does Schooling Improve Cognitive Functioning at Older Ages? Former Series > Working Paper Series > IHS Economics Series 293


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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
Date Deposited: 26 Sep 2014 10:39
Last Modified: 08 Apr 2024 13:45
ISBN: 1605-7996

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