The Royal Swedish Academy of Sciences has awarded the 2015 Nobel Prize for economics to Angus Deaton, a Princeton University professor who has published many papers on the economics of health and aging.
Deaton suggested in one research summary, published on the website of the National Bureau of Economic Research (NBER) in 2003, that high-income people tend to be healthier than low-income people, but that they might be healthier because high-income people also tend to be better-educated. In that same summary, Deaton looks at research that touches on limitations on activities of daily living (ADLs) in adults in South Africa.
The results of adjusting health data for education levels suggest that high levels of income may correlate with higher levels of mortality, Deaton wrote.
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