Long Life-span and Optimal Recurrent Education
Long Life-span and Optimal Recurrent Education
复制标题
长寿命和最佳的循环教育
DOI:
10.1111/caje.12597
复制
发表时间:
2022
期刊:
影响因子:
--
通讯作者:
Akira Momota
中科院分区:
文献类型:
--
作者:
Nobusumi Sagara;Akira Momota
This paper theoretically investigates the effect of increased longevity on years of schooling and work. I consider a situation in which individuals have opportunities for recurrent education by assuming that the transition from schooling to work is reversible. I find that setting aside a period of time for recurrent education is optimal for individuals when the lifespan is longer than a certain threshold number of years. When the lifespan is longer than the threshold, as the lifespan increases, both the total schooling years and the working years increase and the lifetime income increases. However, the marginal effect of a rise in lifespan on the lifetime income decreases significantly when recurrent education occurs.