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Health Selection and the Effect of Smoking on Mortality
life expectancy tobacco confounding
2012/10/18
We show that individuals who are in poorer health, independently from smoking, are more likely to start smoking and to smoke more cigarettes than those with better non-smoking health. We present evide...
Smoking, Discount Rates, and Returns to Education
Returns to education instrumental variables ability bias discount rates
2013/10/18
Individual time preference determines schooling enrolment. Moreover, smoking behavior in early ages has been shown to be highly related to time preference rates. Accordingly, we use smoking at age 16 ...