Unbiased Analysis of Today's Healthcare Issues

Winning the Nobel Prize gives you fame, fortune…and 1-2 years of added longevity

Written By: Jason Shafrin - Dec• 03•08

From Rabien and Oswald (2008) in the latest edition of the Journal of Health Economics:

It has been known for centuries that the rich and famous have longer lives than the poor and ordinary. Causality, however, remains trenchantly debated. The ideal experiment would be one in which extra status could somehow be dropped upon a sub-sample of individuals while those in a control group of comparable individuals received none. This paper attempts to formulate a test in that spirit. It collects 19th-century birth data on science Nobel Prize winners. Correcting for potential biases, we estimate that winning the Prize, compared to merely being nominated, is associated with between 1 and 2 years of extra longevity.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Comment

  1. [...] title says it all — Winning the Nobel Prize gives you fame, fortune…and 1-2 years of added longevity . Jason Shafrin at Healthcare [...]

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>