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| Peter Savelyev and Kegon Tan |
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| ''Socioemotional Skills, Education, and Health-Related Outcomes of High-Ability Individuals'' |
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| We estimate the effects of education and five well-established socioemotional skills on essential life outcomes including health behaviors, health-related lifestyles, earnings, as well as general and mental health. We supplement results in papers that treat socioemotional skills as a single-dimensional variable and find important heterogeneity that a one-dimensional representation does not capture. By combining factor-analytic modeling with a powerful procedure to account for multiple-hypothesis testing, we control for the ability bias, for the measurement error in proxies of socioemotional skills, and for the family-wise error rate. We also contribute to the still controversial discussion about the causal effect of education on health-related outcomes by using alternative methods to the use of natural experiments. We use the Terman data, a unique longitudinal study. |
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| Keywords: college education, Big Five personality taxonomy, health behaviors,
lifestyles, earnings, health, longevity |
JEL: I0 - Health, Education, and Welfare: General
J0 - Labor and Demographic Economics: General |
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| Manuscript Received : May 20 2015 | | Manuscript Accepted : May 29 2015 |
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