Angus Deaton
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View article: Education, health-based selection, and the widening mortality gap between Americans with and without a 4-year college degree
Education, health-based selection, and the widening mortality gap between Americans with and without a 4-year college degree Open
Gaps in life expectancy between Americans with and without a college degree have widened markedly over the past 3 decades. One explanation points to increasing educational attainment changing the type of people with and without a degree. I…
View article: The Economy: Much More Than Money
The Economy: Much More Than Money Open
The economy is what keeps the world as we know it functioning. Our daily lives are heavily affected by the economy, both locally and globally. Some people think that the economy is mostly concerned with money, but in fact it is much broade…
View article: Accounting for the Widening Mortality Gap Between Adult Americans with and without a BA
Accounting for the Widening Mortality Gap Between Adult Americans with and without a BA Open
We examine mortality differences between Americans with and without a four-year college degree over the period 1992 to 2021.From 1992 to 2010, both groups saw falling mortality, but with greater improvements for the more educated; from 201…
View article: The Great Divide: Education, Despair, and Death
The Great Divide: Education, Despair, and Death Open
Deaths of despair, morbidity, and emotional distress continue to rise in the United States, largely borne by those without a college degree—the majority of American adults—for many of whom the economy and society are no longer delivering. …
View article: Understanding Inequality in a Globalizing World
Understanding Inequality in a Globalizing World Open
On May 13, 2021, CCG hosted a dialogue between Huiyao Wang, CCG President; David Blair, CCG Vice President and Senior Economist; Anne Case, Alexander Stewart 1886 Professor of Economics and Public Affairs, Emeritus at Princeton University;…
View article: Mortality Rates by College Degree Before and During COVID-19
Mortality Rates by College Degree Before and During COVID-19 Open
It is now established that mortality and excess mortality from COVID-19 differed across racial and ethnic groups in 2020.Less is known about educational differences in mortality during the pandemic.We examine mortality rates by BA status w…
View article: NO INCREASE IN RELATIVE MORTALITY RATES FOR THOSE WITHOUT A COLLEGE DEGREE DURING COVID-19: AN ANOMALY
NO INCREASE IN RELATIVE MORTALITY RATES FOR THOSE WITHOUT A COLLEGE DEGREE DURING COVID-19: AN ANOMALY Open
American mortality rates have diverged in recent years between those with and without a four-year college degree, and there are many reasons to expect the education-mortality gradient to have steepened during the pandemic. Those without a …
View article: GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program
GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program Open
In March 2020, the International Comparison Project published its latest results, for the calendar year 2017. This round presents common‐unit or purchasing‐power‐parity data for 176 countries on Gross Domestic Product and its components. W…
View article: Life expectancy in adulthood is falling for those without a BA degree, but as educational gaps have widened, racial gaps have narrowed
Life expectancy in adulthood is falling for those without a BA degree, but as educational gaps have widened, racial gaps have narrowed Open
Significance Without a 4-y college diploma, it is increasingly difficult to build a meaningful and successful life in the United States. We explore what the BA divide has done to longevity, focusing on a measure of expected years lived bet…
View article: COVID-19 and Global Income Inequality
COVID-19 and Global Income Inequality Open
There is a widespread belief that the COVID-19 pandemic has increased global income inequality, reducing per capita incomes by more in poor countries than in rich. This supposition is reasonable but false. Rich countries have experienced m…
View article: COVID-19 and Global Income Inequality
COVID-19 and Global Income Inequality Open
There is a widespread belief that the COVID-19 pandemic has increased global income inequality, reducing per capita incomes by more in poor countries than in rich.This supposition is reasonable but false.Rich countries have experienced mor…
View article: GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program
GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program Open
In March 2020, the International Comparison Project published its latest results, for the calendar year 2017.This round presents common-unit or purchasing-power-parity data for 137 countries on Gross Domestic Product and its components.We …
View article: Decoding the mystery of American pain reveals a warning for the future
Decoding the mystery of American pain reveals a warning for the future Open
Significance The elderly in the United States report less pain than those in midlife—suggesting, perhaps, that once people move into old age, their morbidity will fall. Unfortunately, assessing pain by age at one point in time masks the fa…
View article: Randomization in the Tropics Revisited: a Theme and Eleven Variations
Randomization in the Tropics Revisited: a Theme and Eleven Variations Open
Randomized controlled trials have been used in economics for 50 years, and intensively in economic development for more than 20.There has been a great deal of useful work, but RCTs have no unique advantages or disadvantages over other empi…
View article: A Conversation with Angus Deaton
A Conversation with Angus Deaton Open
The Annual Review of Resource Economics presents Professor Sir Angus Deaton in conversation with economist Dr. Gordon Rausser. Dr. Deaton is Senior Scholar and the Dwight D. Eisenhower Professor of Economics and International Affairs Emeri…
View article: What Do Self-Reports of Wellbeing Say About Life-Cycle Theory and Policy?
What Do Self-Reports of Wellbeing Say About Life-Cycle Theory and Policy? Open
I respond to Atkinson's plea to revive welfare economics, and to consider alternative ethical frameworks when making policy recommendations. I examine a measure of self-reported evaluative wellbeing, the Cantril Ladder, and use data from G…
View article: What do Self-Reports of Wellbeing Say about Life-Cycle Theory and Policy?
What do Self-Reports of Wellbeing Say about Life-Cycle Theory and Policy? Open
I respond to Atkinson's plea to revive welfare economics, and to considering alternative ethical frameworks when making policy recommendations.I examine a measure of self-reported evaluative wellbeing, the Cantril Ladder, and use data from…
View article: Understanding and misunderstanding randomized controlled trials
Understanding and misunderstanding randomized controlled trials Open
Randomized Controlled Trials (RCTs) are increasingly popular in the social sciences, not only in medicine. We argue that the lay public, and sometimes researchers, put too much trust in RCTs over other methods of investigation. Contrary to…
View article: Mortality and Morbidity in the 21st Century
Mortality and Morbidity in the 21st Century Open
We build on and extend the findings in Case and Deaton (2015) on increases in mortality and morbidity among white non-Hispanic Americans in midlife since the turn of the century. Increases in all-cause mortality continued unabated to 2015,…
View article: Replication data for: Trying to Understand the PPPs in ICP 2011: Why Are the Results So Different?
Replication data for: Trying to Understand the PPPs in ICP 2011: Why Are the Results So Different? Open
Purchasing power parity exchange rates, or PPPs, are price indexes that summarize prices in each country relative to a numeraire country, typically the United States. These numbers are used to compare living standards across countries, by …
View article: Creative Destruction and Subjective Well-Being
Creative Destruction and Subjective Well-Being Open
In this paper we analyze the relationship between turnover-driven growth and subjective well-being. Our model of innovation-led growth and unemployment predicts that: (i) the effect of creative destruction on expected individual welfare sh…
View article: Understanding and Misunderstanding Randomized Controlled Trials
Understanding and Misunderstanding Randomized Controlled Trials Open
RCTs would be more useful if there were more realistic expectations of them and if their pitfalls were better recognized. For example, and contrary to many claims in the applied literature, randomization does not equalize everything but th…
View article: Understanding context effects for a measure of life evaluation: how responses matter
Understanding context effects for a measure of life evaluation: how responses matter Open
We study context effects on responses to wellbeing questions. We find that those who were randomized into being asked a series of political questions subsequently report lower life evaluation; those who were previously asked about their ev…