I don’t think your conclusion is correct and a correlation between the two numbers is by far not enough to assume a causality between the two of them.
I would rather assume there are a lot of other factors being involved. Like e.g. the education system, especially the amount of years spent on education before starting to work, the general wealth of the society, the social securities provided the government, like e.g. health care, unemployment support etc.
Like e.g. the education system, especially the amount of years spent on education before starting to work
Exactly. It’s kinda hard to spend years on education, years building a nest egg, when you haven’t spent all that many years alive.
The correlation is through socioeconomic conditions, correct. Older parents have worked longer, saved more, and can provide greater opportunities to their children, which in turn creates a more prosperous society that values education, social security, etc.
I don’t think your conclusion is correct and a correlation between the two numbers is by far not enough to assume a causality between the two of them. I would rather assume there are a lot of other factors being involved. Like e.g. the education system, especially the amount of years spent on education before starting to work, the general wealth of the society, the social securities provided the government, like e.g. health care, unemployment support etc.
Exactly. It’s kinda hard to spend years on education, years building a nest egg, when you haven’t spent all that many years alive.
The correlation is through socioeconomic conditions, correct. Older parents have worked longer, saved more, and can provide greater opportunities to their children, which in turn creates a more prosperous society that values education, social security, etc.